Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by Areading314 on Wednesday August 07, 2019 @08:25PM
(#20640672)
I mean... a social science is a science by definition, and making an argument successfully within those fields involves proving it via the same methods that are used in natural sciences. It's just not as easy to eliminate variables and come to clean "laws" as easily, as is possible in say chemistry or physics.
There is a lot of gray area, for example is medicine a science? Many treatments or diagnoses are based on probabilistic or empirical models -- that doesn't make them worthless.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by thedudeabides5 on Wednesday August 07, 2019 @09:08PM
(#20640923)
When the comments takes only three levels to get to "what is science?"
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by oarabbus_ on Thursday August 08, 2019 @01:13PM
(#20646379)
>There is a lot of gray area, for example is medicine a science? Many treatments or diagnoses are based on probabilistic or empirical models -- that doesn't make them worthless.
Medicine is not generally considered a science.
And never was it implied that things that aren't science are worthless.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by havetocharge on Wednesday August 07, 2019 @09:47PM
(#20641092)
Not sure why you're getting down voted. Economics is a science, full stop.
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Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by nineteen999 on Wednesday August 07, 2019 @11:44PM
(#20641657)
"Economics is extremely useful as a form of employment for economists."
- John Kenneth Galbraith
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by jevgeni on Thursday August 08, 2019 @03:11AM
(#20642465)
Or mathematics.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by ivalm on Thursday August 08, 2019 @03:50AM
(#20642643)
I would argue mathematics isn't really a science, as it isn't outward looking to the world, rather it is a study of self-consistent rewriting rules. You can obtain any mathematical result without knowing anything about the universe (something also true for, lets say, analytic philosophy).
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by jevgeni on Thursday August 08, 2019 @07:46AM
(#20643590)
Sure, but then the distinction between science / not-science hasn't got that much value.
A not-science (math) is the most critical tool in the scientific toolbox, and hence contributed more to scientific progress than any isolated branch of science.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by ivalm on Thursday August 08, 2019 @11:23AM
(#20645378)
Sure, natural languages also contributed "more to science" than "any isolated branch" but learning a language (for its use rather than linguistics/anthropology) isnt a science. I think it is a useful distinction.
Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by disgruntledphd2 on Thursday August 08, 2019 @04:57AM
(#20642878)
Yeah. My personal theory is that mathematics is a language, which happens to be useful in the description of scientific phenomena.
Additionally, a significant number of social scientists aren't scientists.