Re:a different conclusion reached by an economist starting from a different viewpoint.
Of course. Deductive logic always starts from an assumption, and thereby in the end all logic that applies to the real world is inductive.
I aksed a socialist what he means by the term. "I think its all to do with how society treats its weakest members".
"Oh?" I queried. "Isn't that a bit unfair? Why not its strongest members, or the ones with red hair and perfect teeth?"