21–30 of 36 posts
So to eliminate this possible confusion surgeons - all around the world - always follow this unwritten rule.
Paul Krugman is a Nobel laureate, but so is F.A. Hayek: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." The work described in the article can be interesting as far as it goes, but it seems to me that a lack of humility coupled with insufficiently accurate models can be a dangerous combination.
They have proved they can and will be corrupt as needed. Politics should not validate science, but people treat it so when we care about the Nobel prizes.
Earlier quoted context omitted.
Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. Please, this is exactly like a first year psychology student trying to psychoanalyse you: Absolute bullshit. Economics has a lot more to offer than supply-demand curves, and it has been evolving greatly in many differe…
Well, I have first class degree in economics to be fair. I got the highest score across the university. I didn't just take one class and make my mind up. But I agree that doesn't make me an expert in the field. I also agree behavioral economics is a better direction. However, I'm just saying many strands of it need to use evidence more. A lot of models were kinda cute but also pretty silly. Game theory is a bit of a…
Econometrics is a major part of modern economics and attempts to do just that
Earlier quoted context omitted.
Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. Please, this is exactly like a first year psychology student trying to psychoanalyse you: Absolute bullshit. Economics has a lot more to offer than supply-demand curves, and it has been evolving greatly in many differe…
Here we go, another HN comment that is quick to insult and dismiss someone else in order to feel smug. If you took as much time to read their comment as you took to insult them, you'd know that they majored in economics, they didn't just take 1 class.
Earlier quoted context omitted.
Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. Please, this is exactly like a first year psychology student trying to psychoanalyse you: Absolute bullshit. Economics has a lot more to offer than supply-demand curves, and it has been evolving greatly in many differe…
Well, I have first class degree in economics to be fair. I got the highest score across the university. I didn't just take one class and make my mind up. But I agree that doesn't make me an expert in the field. I also agree behavioral economics is a better direction. However, I'm just saying many strands of it need to use evidence more. A lot of models were kinda cute but also pretty silly. Game theory is a bit of a…
Earlier quoted context omitted.
Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. Please, this is exactly like a first year psychology student trying to psychoanalyse you: Absolute bullshit. Economics has a lot more to offer than supply-demand curves, and it has been evolving greatly in many differe…
> Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. HN comment? There are lots of books by respected authors written on the subject. Just because the field exists and gets grants and gets to dictate policies and so on doesn't mean its scientific. Anything scientific i…
You're just proving my point here, this is outright dismissive of all forms of experimentation that goes on in many fields of economics. Do not blame the study for your lack of deeper understanding of it; it has more to offer than just salaried academics and macroeconomic policycrafting.
Earlier quoted context omitted.
> Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. HN comment? There are lots of books by respected authors written on the subject. Just because the field exists and gets grants and gets to dictate policies and so on doesn't mean its scientific. Anything scientific i…
"Anything scientific in economics is just the math part, which are orthogonal to economic behavior and markets." You're just proving my point here, this is outright dismissive of all forms of experimentation that goes on in many fields of economics. Do not blame the study for your lack of deeper understanding of it; it has more to offer than just salaried academics and macroeconomic policycrafting.
Mock-experimentation has been going on since forever in all kind of pseudo-sciences of the "soft" variety.
Even Freud did clinical "experiments".
Paul Krugman is a Nobel laureate, but so is F.A. Hayek: "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." The work described in the article can be interesting as far as it goes, but it seems to me that a lack of humility coupled with insufficiently accurate models can be a dangerous combination.
Lets stop caring about the Nobel institutions. They have proved they can and will be corrupt as needed. Politics should not validate science, but people treat it so when we care about the Nobel prizes.
Earlier quoted context omitted.
Here we go, another HN comment that's awfully quick to dismiss the history of economic methodology and economics as science because they took one undergraduate class in Neoclassical Microeconomics 101. Please, this is exactly like a first year psychology student trying to psychoanalyse you: Absolute bullshit. Economics has a lot more to offer than supply-demand curves, and it has been evolving greatly in many differe…
Well, I have first class degree in economics to be fair. I got the highest score across the university. I didn't just take one class and make my mind up. But I agree that doesn't make me an expert in the field. I also agree behavioral economics is a better direction. However, I'm just saying many strands of it need to use evidence more. A lot of models were kinda cute but also pretty silly. Game theory is a bit of a…
The large majority of articles in top journals feature both mathematical theory and statistical&causal inference on real data.