News for hackers. Stuff that matters.

A comment on How economists rode maths to become our era’s astrologers. Parent comment

Re:How economists rode maths to become our era’s astrologers by fiatjaf on Saturday July 22, 2017 @08:41AM (#14826901)
> It confuses economics used to advance political or commercial goals with academic economics.

Does it? Or is this totally confused in the practical world too?

[ Parent | on HN ]
Re:How economists rode maths to become our era’s astrologers by nabla9 on Saturday July 22, 2017 @08:58AM (#14826965)
It's not.

For example, the austerity debate has been academically settled. Politicians took one academic paper (outlier) with error and used it to screw things up. IMF did mea culpa after data disagreed.

[ Parent | on HN ]
Re:How economists rode maths to become our era’s astrologers by maxxxxx on Saturday July 22, 2017 @10:17AM (#14827320)
How has it been settled?
[ Parent | on HN ]
Re:How economists rode maths to become our era’s astrologers by oriol16 on Saturday July 22, 2017 @10:03AM (#14827253)
You obviously have no clue of what you talk about
[ Parent | on HN ]
Re:How economists rode maths to become our era’s astrologers by fiatjaf on Saturday July 22, 2017 @10:04AM (#14827268)
What are the terms of the settlement?
[ Parent | on HN ]