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Re:This year’s Nobel prizes prompt soul-searching among econ... by kortilla on Thursday November 21, 2019 @06:03PM (#21600721)
> It's a bit like medicine: we're not going to stop treating people just because we don't understand the mechanism of action and can't guarantee that it will work.

Yet medicine actually focuses on scientific measurement of effects. They don’t just throw their hands up and go, “experiments that affect people’s lives are too hard.”

Re:This year’s Nobel prizes prompt soul-searching among econ... by throwaway2048 on Thursday November 21, 2019 @07:07PM (#21601171)
Except there is a direct, causal link between treatment and life and death, or at least quality of life.

Economic or social studies are a lot more nebulous.

Re:This year’s Nobel prizes prompt soul-searching among econ... by SiempreViernes on Friday November 22, 2019 @06:07AM (#21604547)
Seems weird to accept that "quality of life" is a straightforward measure, but insists nothing of the like can be created for social studies.
Re:This year’s Nobel prizes prompt soul-searching among econ... by jfengel on Friday November 22, 2019 @08:50AM (#21605501)
Right, and that's what this is about. They're doing the experiments. I didn't say they were too hard; I said they were hard. But it's early days of learning how to do experiments, much like medicine was not that long ago.
Re:This year’s Nobel prizes prompt soul-searching among econ... by hangonhn on Friday November 22, 2019 @12:35PM (#21607816)
There's quite a bit of medicine that "works" but the specifics of why it work isn't well understood, especially in mental health. One of my friends who works in the mental health pharmacology field told me one of the challenges with the field is measuring the efficacy of those drugs. What do you do? Do you ask someone if they are feeling better or happier? Is that trust worthy? Or is it too fuzzy? Was it the drug that did it or something else? In that regard, they face similar challenges as the social sciences.