Now, better statistical tools and neuroscience are opening up the possibility that economics can become an abductive science that combines elements of deductive and inductive reasoning.
Half the two hours was spent on ideas like the great Greek's defense of deductive reasoning, the point being that logic should inform decisions on everything from car loans to cashouts.
Mr. Burton's treatise, like the man himself, rests between two ages one in which the authority of Scripture reigned supreme, and a newer era acknowledging the power of deductive reasoning to sort out life's great questions.