Karl-Friedrich Israel discusses modern econometrics, utility and welfare economics, and econometrics as a set of descriptive tools. Download lecture slides at Mises.org/MU23_PPT_17. Recorded at the Mises Institute in Auburn, Alabama, on 25 July 2023. Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org. Twitter ► https://twitter.com/mises/…