Mises Daily
Author:
Thorsten Polleit
Online Publish Date:
I. The saying that things may work nicely in theory, but do not necessarily work in practice is well known. It is typically meant to disparage the importance of theory, suggesting it would be too far removed from practical matters to help in solving the issue at hand. The Prussian philosopher Immanuel Kant (1724–1804), in his 1793 essay “On the