Logical Positivism

Definition

Health Economics

  • A twentieth-century philosophical movement in which, in its most extreme form (which had considerable impact on economics), the only statements deemed to be meaningful are those that (1) are analytically true and/or (2) can be empirically verified (sometimes, which is not, of course, the same thing, 'refuted') by the evidence of one's senses as in controlled scientific experiments.
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