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The unimportance of the choice-value thesis in economics

✍ Scribed by Björn Frank


Publisher
Springer US
Year
2002
Tongue
English
Weight
914 KB
Volume
8
Category
Article
ISSN
1083-0898

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In his essay in the October 1990 issue of this journal, T. Michael McNulty 1 argues against the explanation of human behavior advanced by economists. Although McNulty's argument demonstrates a clear knowledge of the rhetoric of economics, it fails to recognize the value of economic theory. As the in