Tag Archive for: Hayek

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 8)Barry L. Linetsky, 2019

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs | Part 8: The Solution Is In How We Solve Problems

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A technique to improving managerial performance when planning is to take into account the second and third-order consequences and implications of one’s actions across an expanding time period. The farther out one is able to project and consider, the better.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 7)Barry L. Linetsky, 2019

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs | Part 7: The Search For A Valid Methodology Of Human Action

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The term praxeology is used to convey the general scientific study of human behaviour as differentiated from the study of the clockwork deterministic physical scientific world of natural stuff void of consciousness.
How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs (Part 4)Barry L. Linetsky, 2019

How Economic Thinking Can Benefit Consumers, Managers, and Entrepreneurs | Part 4: Why Can’t You Show Me Your Unicorn?

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The impossible task we each have in assessing the effectiveness of our thinking and action is that we cannot observe the results of actions not taken.

Science, Human Action, The Search for “Truth”, and Consequences | Part 11: The Important Implications of Praxeology

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It was not so long ago that scientific dualism – the idea that the social sciences and the natural sciences require distinct methodologies – was uncontroversial. It was accepted that science was the systematic search for knowledge wherever appropriate to advance human understanding of the world and man’s place in it.

Science, Human Action, The Search for “Truth”, and Consequences | Part 5: Hayek’s Fallacy of Scientistic Prejudice

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© 2018, Barry L. Linetsky. All Rights Reserved. The consideration…

It’s a Wonderful Way to Learn About Emergent Order

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I have been listening to and learning about economics from…