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About this quote

What does it mean?
Mises says facts alone do not prove anything; interpretation and theory decide meaning.
In plain terms
Facts need interpretation and theories to have meaning.
What can you take from it?
Interpretation gives facts their value.

Where it applies

  • research
  • debates
  • data analysis

Putting it to work

  • question data interpretation
  • state your theory

Questions to consider

  • Do facts always need a story?
  • How much does theory change facts?

Another view

Raw facts can sometimes speak loudly without any interpretation.

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