Re:Bad Economics
by ajsnigrutin on Monday March 21, 2022 @11:49AM
(#30755462)
Modern physics (a part of) isn't much better... it's basically throwing stuff at the wall, and seeing what comes out.
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Re:Bad Economics
by 1980phipsi on Monday March 21, 2022 @12:08PM
(#30755719)
Even if they are both about predicting a distribution, you can set up an experiment to isolate an effect and make the distribution more-or-less static over time. Distributions in economics change over time. People react to what other people are doing, sometimes in very non-linear ways. It makes it a hard subject and a different beast than physics.