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It's a peculiar thing I've noticed on HN and a few other places where people with slightly-better-than-average understandings of economics tend to congregate:
by thaumaturgy 11y ago
It's a peculiar thing I've noticed on HN and a few other places where people with slightly-better-than-average understandings of economics tend to congregate:
> I have a model of economics which makes sense to me
> Here is a case in the real world that breaks my model
> The real world must be wrong.
It makes economics resemble religious ideology rather than an attempt to understand and predict real-world behaviors.
- animefan 11y agoI've answered similar criticisms elsewhere in this thread, feel free to respond to them directly. I have a PhD in economics, so hopefully more than a "slightly-better-than-average" understanding of economics.