https://www.youtube-nocookie.com/embed/sNOMNQbIXGQ?si=LMKMQVdWjgEDzEFV
Further reading:
Pawel Ciompa and the meaning of econometrics: a comparison of two concepts by Karl-Friedrich Israel
Are Price Controls Fair? by David Schmidtz
Clarifying the analysis of deadweight loss from taxation by Tate Fegley, Kristoffer Hansen & Karl-Friedrich Israel
Toward a Reconstruction of Utility and Welfare Economics by Murray N. Rothbard (Chapter 17 in Economic Controversies)
Is Research Based on Causal Scientific Principles Possible in the Social Sciences? by Hans-Hermann Hoppe (Chapter 10 in The Economics and Ethics of Private Property)