Re:Unsolved problems in economics
by goodpoint on Friday May 20, 2022 @08:27AM
(#31446416)
You are making a strawman.
Ask meteorologists about their models and they will honestly tell you the limitations of such models and the success rate at predicting the weather. They have little incentive to lie.
It will be difficult to find meteorologists with clear "anti snow" or "pro rain" biases.
Same goes for getting a blood check: they are not 100% reliable, yet it's difficult to find a lab with an ideological bias skewing the results.
Then, ask economists and you'll quickly find out that their predictions and advice on economic policies aligns with the school of though they belong to.
Politicians routinely ask for advice from this or that economist depending on what they want to hear.
Re:Unsolved problems in economics
by pixl97 on Saturday May 21, 2022 @11:55AM
(#31458970)
Politicians commonly ask advice from this or that scientist depending on what they want to hear rather than looking for peer reviewed models. I would say that's a problem of a different nature.
Ask meteorologists about their models and they will honestly tell you the limitations of such models and the success rate at predicting the weather. They have little incentive to lie.
It will be difficult to find meteorologists with clear "anti snow" or "pro rain" biases.
Same goes for getting a blood check: they are not 100% reliable, yet it's difficult to find a lab with an ideological bias skewing the results.
Then, ask economists and you'll quickly find out that their predictions and advice on economic policies aligns with the school of though they belong to.
Politicians routinely ask for advice from this or that economist depending on what they want to hear.