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Economics is just too complex for the scientific method. Feedback loops are very long, nothing is reproducible and you can almost always find a measure by which
by maxxxxx 8y ago
Economics is just too complex for the scientific method. Feedback loops are very long, nothing is reproducible and you can almost always find a measure by which whatever you are looking at looks good or bad. But yes. All successful economies are mixed economies that have evolved by pragmatic adjustments and not by ideology.
- wallace_f 8y agoI agree. But I would say we should try, like Sandra DOC stated: "the Founding Fathers intended the states to be experiments in policy." People, I think, agree with this. I always hear it casually said this is why Europe has such better governance.
- nailer 8y agoEuropean here. Fascinated to find out why anyone - with our huge issues of nations with completely different values sharing the same currency, Islamic terrorism, and both a harder left and a harder right than the US - thinks we have better governance.