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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. .. .. -- |
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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". .. .. -- |
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["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 |
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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 |
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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 |
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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. |
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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 |
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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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