News for hackers. Stuff that matters.
Re:A plan to change how Harvard teaches economics by soVeryTired on Thursday June 13, 2019 @06:38AM (#20173409)
> Those “strange assumptions” are what distinguishes economics from disciplines whose models are so under specified that they can’t be proven wrong

When an economist sees evidence against the prevailing models, they call it a 'puzzle' and write a paper on it. So then there's one model per puzzle.

That doesn't really feel like an approach that allows falsification either.

There are no comments on this comment yet.