[lbo-talk] One Michael Moore is worth a hundred cult-crit

[Michael Perelman]

Milton Friedman used to tell his students that if the data conflicts with the theory, 
then the data is wrong.

On Sun, Aug 22, 2004 at 03:35:20PM -0400, Doug Henwood wrote:
> 
> At a seminar several years ago, when I tried to refute efficient 
> market theory with empirical evidence, David Laibman, editor of 
> Science & Society, informed me that you can't refute a theory with 
> evidence, but only with another theory.

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu