diff --git a/pcm/Human Action/01_06_07.md b/pcm/Human Action/01_06_07.md index 6a085c1f5..f2bae7db8 100644 --- a/pcm/Human Action/01_06_07.md +++ b/pcm/Human Action/01_06_07.md @@ -1,7 +1,7 @@ ### Praxeological Prediction -Praxeological knowledge makes it possible to predict with apodictic certainty the outcome of various modes of action. But, of course, such prediction can never imply anything regarding quantitative matters. Quantitative problems are in the field of human action open to no other elucidation than that by understanding. +Praxeologocal knowledge makes na dey possible to dey predict with apodictic certainty de outcome of different mode of action. But, of course, de prediction nor go fit ever imply anytin way come dey regarding quantitative matters. Quantitative problems na de field of human being action way come open to nor other elucidation than dat by understanding. -We can predict, as will be shown later, that--other things being equal--a fall in the demand for ::a:: will result in a drop in the price of ::a::. But we cannot predict the extent of this drop. This question can be answered only by understanding. +We go fit predict, as will be shown later, dat--other things way be equal--a fall in de demand for ::a:: go come result in a drop inside de price of ::a::. But we nor go fit predict de extent of dis drop. Dis question go be answer only by understanding. -The fundamental deficiency implied in every quantitative approach to economic problems consists in the neglect of the fact that there are no constant relations between what are called economic dimensions. There is neither constancy nor continuity in the valuations and in the formation of exchange ratios between various commodities. Every new datum brings about a reshuffling of the whole price structure. Understanding, by trying to grasp what is going on in the minds of the men concerned, can approach the problem of forecasting future conditions. We may call its methods unsatisfactory and the positivists may arrogantly scorn it. But such arbitrary judgments must not and cannot obscure the fact that understanding is the only appropriate method of dealing with the uncertainty of future conditions. \ No newline at end of file +De fundamental deficiency come implied in every quantitative approach to economic problems consists in de neglect of de fact dat dere are nor constant relations between warin dey dem called economic dimensions. Dere na neither constancy nor continuity in de valuation and in de formation of exchange ration way dey between different commodities. Every new datum go come brings about a reshuffling of de whole price structure. Understanding, by trying to come grasp warin dey going on inside de minds of de men way dey concerned, can approach de problem of telling de future conditions. We go fit call its methods warin nor dey satisfactory and de positive may arrogantly scorn it. But dat arbitrary judgments must not and nor go fit abscure de fact dat understanding na de only appropriate method way dem go take come deal with de uncertainty of future conditions.