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Yes, economics is too mathy in constructing models. At the same time, maths and computation do have predictive power. So you have to discern between academics
by Mikeb85 9y ago
Yes, economics is too mathy in constructing models. At the same time, maths and computation do have predictive power.
So you have to discern between academics trying to model the economy, and economists in industry just trying to make short-medium range predictions (and who are generally more accurate).