Tag Archives: evidence

On Twitter this morning Jason Smith asked a good question. Is this, he asked, an “anonymous blog comment from a simpleton? ... Or analysis from a prominent financial economics professor?”... Stumbling and MumblingFacts vs hand-waving in economicsChris Dillow | Investors Chronicle

Important. I think Noah has this right. Fit the tool to the job, rather than the job to the tool. Aristotle defined speculative knowledge in terms of causal explanation. This definition stuck although Aristotle's analysis of causality did not. In the Posterior Analytics, Aristotle places the following crucial condition on proper knowledge: we think we have knowledge of a thing only when we have grasped its cause (APost. 71 b 9–11. Cf. APost. 94 a 20). That proper knowledge is knowledge...