METHODOLOGICAL INDIVIDUALISM: A CORNERSTONE OF ECONOMIC THOUGHT

Methodological Individualism: A Cornerstone of Economic Thought

Methodological individualism is a/serves as/represents a fundamental principle in economics. It posits that economic phenomena, including decision-making and behavior, can be explained/understood/deconstructed by analyzing the actions/choices/motivations of individual agents/actors/participants. Economists who embrace/utilize/adopt methodological

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