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Well it’s great that they do more than just design experiments and hack p-vales all day;) Geez, had no idea it was such a controversial statement. What do you w
by mcrad 8y ago
Well it’s great that they do more than just design experiments and hack p-vales all day;) Geez, had no idea it was such a controversial statement. What do you want to say, every application of math or coding counts as science? https://en.m.wikipedia.org/wiki/Hard_and_soft_science https://en.m.wikipedia.org/wiki/Hard_and_soft_science
- koube 8y agoWhether something is a "real science" is based on whether or not science is done, not the difficulty of the subject matter. Spending so much time trying to narrowly semanticize science in a way that specifically excludes economics is navel gazing. The purpose of these discussions seems to be to discredit economics and discount it's predictive power by defining it as not-science, but predictive power doesn't come from the definition of the word science, it comes from the statistical methods that science uses. Does it involve research? Does the research produce models with predictive power? Ok, let's use it, just like every policy maker in the world pre-2016.