Re:Games Economists Play
by chroem- on Saturday September 28, 2019 @11:46AM
(#21100989)
>since economics is a rather new science
Isaac Newton's Principia was first published in English in 1728. Adam Smith published The Wealth of Nations in 1776. That's a 48 year head start out of the nearly 250 years we have had both physics and economics.
Re:Games Economists Play
by QuesnayJr on Saturday September 28, 2019 @01:55PM
(#21101799)
Economics as a serious empirical science is a post-World War 2 phenomenon. Ptolemy had better data about the planets in the second century than we had about the economy in the early twentieth century.
Isaac Newton's Principia was first published in English in 1728. Adam Smith published The Wealth of Nations in 1776. That's a 48 year head start out of the nearly 250 years we have had both physics and economics.