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All you've established is that economics is better than some random idiot. Hardly sufficient reason to accept the opinions of economists as hard science. The f
by lliamander 9y ago
All you've established is that economics is better than some random idiot. Hardly sufficient reason to accept the opinions of economists as hard science.
The fact of the matter is, as many economists themselves will admit, economic theories suffer from both poor predictive power and poor falsifiability.
This is by no means a knock against economists. They can still provide valuable insight. But they don't have automatic authority over a reasonably informed layman.