Re:Unsolved problems in economics
by dotopotoro on Tuesday May 17, 2022 @05:06PM
(#31416283)
What kind of precision of prediction is required? Economics predict some things. For example if you print exceedingly a lot moneys, inflation will happen.
At the same time, physicists have problem telling precise location and momentum of the atom (at the same time; precisely).
(footnote: I love physics more than economics, but world is not perfect and sciences are not perfect. Except for math maybe https://xkcd.com/435 . Perfection and usefulness are not the same)
At the same time, physicists have problem telling precise location and momentum of the atom (at the same time; precisely).
(footnote: I love physics more than economics, but world is not perfect and sciences are not perfect. Except for math maybe https://xkcd.com/435 . Perfection and usefulness are not the same)