The Duhem-Quine problem says that a theory cannot be rejected because a predicted outcome did not occur, since many auxiliary assumptions are required for the theory to be true. Recall during the Reagan era that when promised results did not occur, the responsible authorities could claim that to be really effective we also needed the gold standard. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael@ecst.csuchico.edu
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