Re: Fundamental Flaw of National Accounting

[Harry Veeder <aa361@xxxxxxxxxxxxxxx>]

> On Mon, 15 Sep 1997 14:00:20 +0200, "Per Gunnar Berglund"
> <pgb@xxxxxxxxxxxxxxxxxx> wrote:
>
> Per:
> >    This was an issue that occupied my own thinking for quite some time.
> >The outcome was that there is really no need for verification, since the
> >"output--input" link is axiomatic. This is a matter of language, not of
> >empirical verification.


Every "axiom" is open to scientific testing since they are conjectures about
the nature of the real (social) world. To the extent that you can
point to existing social realities (eg. the use of money) as
examples of what is assumed to exist within your axioms then your
axioms have past a scientific test. This area of scientific (economic)
testing is as important and necessary as the need to test the
resulting axiomatic *deductions* against reality.

Harry Veeder