Mainstream economists claim that in order to “do economics,” they must collect data and then see where it leads them. However, data by itself is economically useless without a guiding theory to explain what is happening.

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Mainstream economists claim that in order to “do economics,” they must collect data and then see where it leads them. However, data by itself is economically useless without a guiding theory to explain what is happening.
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...