> Are you going to accuse me of peddling pseudoscience? For that example, no. The actual issue is analogous to making calculations with very high precision whe

> Are you going to accuse me of peddling pseudoscience? For that example, no. The actual issue is analogous to making calculations with very high precision when your input data is of much lower precision; if you use those latter decimals to draw conclusions, you may as well be casting tea leaves or whatever. I think where people have an issue with Econ is where it takes some vague tendency in human behavior that kind of makes sense to think of as a rule that maybe holds, and then use it as a basis for making rigorous deductions on the supposition that the rule holds absolutely. (At least this is the complaint I'm familiar with, that much of its grounding is based in outmoded pop psychology.)