Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by closeparen on Sunday March 31, 2019 @02:27PM
(#19537257)
The physics and math communities get plenty agitated at ludicrous pop-sci and Hollywood depictions, cranks who think they are oppressed geniuses with important answers, etc. Approach just about anyone with arrogance and contempt for the methods and body of knowledge they spend their life on, and they won’t be happy about it.
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by Gibbon1 on Sunday March 31, 2019 @02:44PM
(#19537407)
Difference between annoyed/amused/slight despondency and narcissistic rage.
It's kinda of like this, a mechanical engineer doesn't feel threatened by some guy selling a magnetic doohickey you put in series with your cars fuel line to increase MPG. He just thinks it's stupid. He's not mad though.
Economists get angry.
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by taffer on Sunday March 31, 2019 @03:36PM
(#19537811)
And some physicians get mad at homeopaths. So what?
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by taffer on Sunday March 31, 2019 @02:33PM
(#19537313)
> Go ahead poke at Milton Friedman and watch them get really hot under the collar.
Who is them? Do you think economics hasn't made any progress sice the 1970s and everyone is a paleomonetarist?
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by Gibbon1 on Sunday March 31, 2019 @02:38PM
(#19537357)
Oh I think progress has been made, retrograde progress. Economists as less competent now than they were back then.
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by blunte on Sunday March 31, 2019 @02:51PM
(#19537457)
It is exceptionally difficult to prove economic theories because experiments cannot be repeated. The variables are always changing, and there is far from complete control over them.
Re:Why Are Economists Giving Piketty the Cold Shoulder? (2017)
by taffer on Sunday March 31, 2019 @03:20PM
(#19537685)
Microeconomists and behavioural economists do indeed conduct repeatable experiments. This is more difficult for macroeconomists, of course, but the same is true for many sciences, such as theoretical physics, climate science or much of biology.
Go ahead poke at Milton Friedman and watch them get really hot under the collar.
Compare with poking at Einstein (never accepted quantum mechanics) or Linus Pauling (alternative medicine nutter), Shockley (racist). Poke all you want the physics community doesn't care.