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Losing perspective -- no "big picture"



 
 
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  #1  
Old February 2nd 07, 03:54 AM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
[email protected] (David P.)
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Posts: 4
Default Losing perspective -- no "big picture"

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,

many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.
..
..
--

  #2  
Old February 2nd 07, 10:30 AM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Bob Kolker
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Posts: 454
Default Losing perspective -- no "big picture"

(David P.) wrote:

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,

many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.


Economics is NOT a science. It never was a science. It will never be a
science. Built in to every economic theory is an explanation of why its
predictions sometimes fail.

Bob Kolker

  #3  
Old February 3rd 07, 07:35 AM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
[email protected] (David P.)
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Posts: 4
Default Losing perspective -- no "big picture"

Bob Kolker wrote:

Economics is NOT a science. It never was a science. It will never be a
science. Built in to every economic theory is an explanation of why its
predictions sometimes fail.


Results 1 - 50 of about 585 for "Economics is NOT a science".

Results 1 - 50 of about 19,700 for "Economics is a science".
..
..
--

  #4  
Old February 3rd 07, 04:32 PM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
jmh
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Posts: 4
Default Losing perspective -- no "big picture"

["Followup-To:" header set to sci.econ.]
On Fri, 02 Feb 2007 05:30:28 -0500, Bob Kolker in sci.econ
confessed to the world saying:
(David P.) wrote:

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,

many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.


Economics is NOT a science. It never was a science. It will never be a
science. Built in to every economic theory is an explanation of why its
predictions sometimes fail.


If that were true then the exeperiments that people like
Plott and Smith engage in should produce purely random
outcomes.

If the experimental data produces patterned outcomes that
trace to underlying causal factors then economics can be
pursued as a science. The pure logic of the subject, be
it modern neoclassical analysis (say Varian) or the
deductive approach of say Mises (man thinks and acts
to accomplish self-defined ends) is similarly just as
"scientific" as pure math.

jmh
  #6  
Old February 3rd 07, 05:26 PM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Les Cargill
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Posts: 13
Default Losing perspective -- no "big picture"

Bob Kolker wrote:
(David P.) wrote:

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,


many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.



Economics is NOT a science. It never was a science. It will never be a
science.


Then your definition of science is far, far too restrictive. Physics
was a science, even when it was about phlogiston. The point of
it *being* science is the method by which it changes, not
the end result.

Built in to every economic theory is an explanation of why its
predictions sometimes fail.


That doesn't make it nonscience, either.

Bob Kolker



--
Les Cargill
  #7  
Old February 3rd 07, 06:52 PM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Bob Kolker
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Posts: 454
Default Losing perspective -- no "big picture"

Les Cargill wrote:


Then your definition of science is far, far too restrictive. Physics
was a science, even when it was about phlogiston. The point of


The phlogiston hypothesis was refuted empirically. It was disproven by
Lavoisier. The phlogiston hypothesis was both scientific (it could be
tested) and false (it was refuted experimentally)

Bob Kolker

  #8  
Old February 3rd 07, 06:56 PM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Mark M.
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Posts: 1
Default Losing perspective -- no "big picture"

Les Cargill wrote:
Bob Kolker wrote:

(David P.) wrote:

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,


many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.




Economics is NOT a science. It never was a science. It will never be a
science.



Then your definition of science is far, far too restrictive. Physics
was a science, even when it was about phlogiston. The point of
it *being* science is the method by which it changes, not
the end result.


Extremely well said, Les.

Mark M.
  #9  
Old February 3rd 07, 07:10 PM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Michael Press
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Posts: 52
Default Losing perspective -- no "big picture"

In article ,
Bob Kolker wrote:

(David P.) wrote:

http://en.wikipedia.org/wiki/Modern_world

From the time of Newton, or perhaps even Descartes,

many branches of modern science (perhaps the most
extreme example being economics) have been
increasingly accused of losing perspective due to their
over-stretched efforts to find explanations of nature
which are easily analysed in terms of easily measured
and easily mathematicised terms.


Economics is NOT a science. It never was a science. It will never be a
science. Built in to every economic theory is an explanation of why its
predictions sometimes fail.


Economics was invented to make astrology look good. You
see now why Nancy Reagan was the brains of the outfit.

--
Michael Press
  #10  
Old February 4th 07, 03:54 AM posted to sci.econ,sci.astro,sci.physics,sci.math,sci.environment
Les Cargill
external usenet poster
 
Posts: 13
Default Losing perspective -- no "big picture"

Bob Kolker wrote:
Les Cargill wrote:



Then your definition of science is far, far too restrictive. Physics
was a science, even when it was about phlogiston. The point of



The phlogiston hypothesis was refuted empirically. It was disproven by
Lavoisier. The phlogiston hypothesis was both scientific (it could be
tested) and false (it was refuted experimentally)

Bob Kolker


And present theories in economics will be tested and refuted. Several
have already - the Malthusian core of most of the 2oth Centuries'
exposed frauds for a start.

We can't use a standard of maturity of the subject to say
whether or not it's a valid field of enquiry.

--
Les Cargill
 




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