Nobel Winner Gary Becker on What Milton Friedman Taught Him

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Uploaded by on Jan 2, 2012

Gary Becker reflects on his mentor Milton Friedman. The great economist taught Becker that theory for it's own sake was not enough. It was the intersection between theory and evidence that made economic analysis powerful and useful.

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  • Inductive or deductive ? This is the point, and this guy doesn't make it clear.

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