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A comment on Intermediate sci knowledge associated with overconfidence and negative attitudes. Parent comment

Re:Intermediate sci knowledge associated with overconfidence... by passion__desire on Friday September 15, 2023 @09:19PM (#37531049)
So basically creating a strawman toy model of actual complex economy and solving it. That's what theoretical physicists do initally but once developed they get to prediction stage. Just like rational agent axiom is false, I wonder what other badly formulated axioms does economics harbour.
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Re:Intermediate sci knowledge associated with overconfidence... by bedobi on Saturday September 16, 2023 @06:22PM (#37539370)
> So basically creating a strawman toy model of actual complex economy and solving it

Uh, no. Read up on what economists did to empirically study and fix the kidney market and how many lives that has saved. (before you start typing, no, it wasn't to sell kidneys to the highest bidder)

> rational agent axiom

If you knew anything about economics, you'd know that no economist subscribes to any "rational agent axiom". But you have made up a strawman in your head so enjoy poking sticks at it.

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