How does the economy work? A new Fed paper suggests nobody really knows

Re:How does the economy work? A new Fed paper suggests nobod... by nathias on Monday October 04, 2021 @04:57AM (#28744593)

'Repeatable theoretical model' is not an episemological criterion of a science, usually for empirical sciences what is needed are fasifiable predictions.

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Re:How does the economy work? A new Fed paper suggests nobod... by jkhdigital on Monday October 04, 2021 @08:33AM (#28745830)

Falsifiable predictions are generated by theories. You don’t just throw out predictions haphazardly and test them, they always originate from a theory.

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