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Re:Economics Has a Math Problem by warrenpj on Wednesday September 02, 2015 @09:14AM (#10158932)
I think it works both ways. Theories help us decide what to observe, or where to look and what we're looking at.

Observation is useful to develop a theory (induction, or "educated guessing"). However, having a theory guides us towards newer, often subtler observations as we attempt to falsify it. Karl Popper called this the theory-ladeness of observation [1]

[1] http://plato.stanford.edu/entries/popper/

Re:Economics Has a Math Problem by sklogic on Wednesday September 02, 2015 @11:29AM (#10159880)
> Theories help us decide what to observe, or where to look and what we're looking at.

Of course. But it's merely some heuristics helping to cut down the search space, not an inherent, fundamental property of the universe.