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Yes I have. Your observations are not universal but pretty common. The whole field is littered with a hodge-podge of cobbled-together numerical coincidences fet
by qubex 9y ago
Yes I have. Your observations are not universal but pretty common. The whole field is littered with a hodge-podge of cobbled-together numerical coincidences fetishised to the level of universal truths. It can be quite embarrassing when one sits down and tries to actually do defensible, provable mathematics. That is why I eventually migrated towards management (of the family firm, not coincidentally). Much of macroeconomics, at least most of it prior to the agent-based models now being produced and analysed, is notionalism.
- dnautics 9y agoConfirmation bias may be unhealthy but that one sentence gave me a good chuckle.