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tsuomela : empiricism   11

Marx at 193 ( 2 Apr., 2012, at Interconnected)
"On the origin of value, "In Marx's judgment surplus value is the entire basis of capitalism: all value in capitalism is the surplus value created by labour." And so Marx "creates a model which allows us to see deeply into the structure of the world, and see the labour hidden in the things all around us. He makes labour legible in objects and relationships.""
marx  capitalism  empiricism  bias  economics 
april 2012 by tsuomela
What is a Fact? - Credit Slips
Is this a question of fact or of law? "Fact, of course," said the students. So I asked how this fact could be proven. What followed was a wonderful, multi-student discussion of maginal pricing, elasticity of demand, etc. Even as I pressed on the presumptions underlying the deductive model--fully informed parties, competitive markets, low transactions costs, etc--the students hung on to their model. They were smart and sophisticated in their arguments, but the bottom line was that they "proved" the fact of lower costs deductively by appling what they saw as immutable economic principles...Perhaps my class was abberational, but it made me wonder about how we are educating our students, both before and during law school. Is it all about deduction, with nothing left over for reality?
education  deduction  law-school  law  legal  economics  empiricism  philosophy  public-policy 
july 2010 by tsuomela
Half an Hour: Relativism and Science
Nice explanation of why relativism doesn't imply lack of standards or an anything-goes attitude.
philosophy  relativism  empiricism  belief 
april 2009 by tsuomela

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