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Sure, everyone makes guesses. The question is, are they held accountable for their guesses? Is there an epistemological framework mandating an empirical basis f
by AlexCoventry 9y ago
Sure, everyone makes guesses. The question is, are they held accountable for their guesses? Is there an epistemological framework mandating an empirical basis for the guesses, and which brings the guesses into closer alignment with reality over time? I don't see any evidence that economics has a robust framework of that sort.