Discussion Tuesday: Facts and theory
Here is a good one, straight from twitter:
Without a theory the facts are silent. – Friedrich Hayek
— Dr. Tom Stevens (@DrTomStevens) July 21, 2014
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Without a theory the facts are silent. – Friedrich Hayek
— Dr. Tom Stevens (@DrTomStevens) July 21, 2014
Typical Hayek. the cart before the horse. Without data a theory is a fantasy.
That’s the thing – both statements can be true at the same time!
In fact, I’d argue they are both true. Theory and data have a symbiotic relationship. If I remember Star Wars correctly they are just like the Naboo and Gungans 😉