Looks like I can forget about Economics
Started by
TEO
, Apr 14 2012 10:35 PM
10 replies to this topic
#4
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- VibeTribe
- 16,785 posts
Posted 16 April 2012 - 03:29 PM
Yawn.Don't tell TASB that that's what it's all about...
That certainly applies to today's misguided belief that economics is a hard science. It does not fit the model that economics is a social science and human action can not be quantified. Predicting piss pour attempts at hard science in the field become rather easy though.
#8
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- VibeTribe
- 16,785 posts
Posted 16 April 2012 - 04:21 PM
Well, that is kinda how the predictions that are accurate work. By seeing the unseen consequences of poor central planning.
In a truly freed market and eocnomic atmosphere, predicting things becomes much more difficult. it also leads to far less cascading inter-market downturns that a re much shorter lived.
At any rate, it's a good picture that captures the essence of todays economic mentality, sans those that can have and keep predicting thing accurately.
In a truly freed market and eocnomic atmosphere, predicting things becomes much more difficult. it also leads to far less cascading inter-market downturns that a re much shorter lived.
At any rate, it's a good picture that captures the essence of todays economic mentality, sans those that can have and keep predicting thing accurately.
