4 ms·

I believe what they try to achieve is beyond what we currently have. And if Mises was born in this age, he would've probably go to the biology level or even dee

by LiweiZ 8y ago

I believe what they try to achieve is beyond what we currently have. And if Mises was born in this age, he would've probably go to the biology level or even deeper to start his work. The tooling and data to connect the dots in his mind was simply not there. To me, he wanted something that is not approximate. For those purposes, what you mentioned might be the best tools one can have at starting stage. I think some work in micro-economics has something similar to Mises'. They can work on simulations now to have fact-based and measurable discoveries. In the end, most likely what human can do is limited to the tooling, not the understanding and educated imagination.

henvic 8y ago
How would they measure from simulations, if he can't have the exact set of same people on different situations and your results might vary? Social science isn't "experimentable" as biology or physics... And if you try hard to force it you will end up with what's called social engineering instead...
- LiweiZ 8y ago
  http://tuvalu.santafe.edu/~wbarthur/ http://tuvalu.santafe.edu/~wbarthur/ W. Brian Arthur is an economist I like. Complexity theory is also very exciting for me. I do not have any experience in those, but they and other things inspired how I perceive the world. I probably did not deliver what I think clearly. The link above might be helpful to deliver what I mean.
- lurcio 8y ago
  It is 'experimentable' - policies are tested and piloted all the time.
Qasaur 8y ago
>I believe what they try to achieve is beyond what we currently have. And if Mises was born in this age, he would've probably go to the biology level or even deeper to start his work. This isn't really true. When Human Action was written there already was a fair bit of literature on behavioural psychology and other fields, but Mises made a conscious choice to not base his theories on them. In the first part of Human Action Mises does bring this point up but makes a clear distinction between investigations into human behaviour that are rooted in the natural and empirical sciences (i.e. biology) and his own flavour which is rooted in a Kantian-esque introspection. This concept is referred to in Mises' work as well as in the works of his successors as methodological dualism, and is a core tenet of Austrian social analysis.

by LiweiZ 8y ago

henvic 8y ago

How would they measure from simulations, if he can't have the exact set of same people on different situations and your results might vary? Social science isn't "experimentable" as biology or physics... And if you try hard to force it you will end up with what's called social engineering instead...

LiweiZ 8y ago
http://tuvalu.santafe.edu/~wbarthur/ http://tuvalu.santafe.edu/~wbarthur/ W. Brian Arthur is an economist I like. Complexity theory is also very exciting for me. I do not have any experience in those, but they and other things inspired how I perceive the world. I probably did not deliver what I think clearly. The link above might be helpful to deliver what I mean.
lurcio 8y ago
It is 'experimentable' - policies are tested and piloted all the time.

Qasaur 8y ago

>I believe what they try to achieve is beyond what we currently have. And if Mises was born in this age, he would've probably go to the biology level or even deeper to start his work. This isn't really true. When Human Action was written there already was a fair bit of literature on behavioural psychology and other fields, but Mises made a conscious choice to not base his theories on them. In the first part of Human Action Mises does bring this point up but makes a clear distinction between investigations into human behaviour that are rooted in the natural and empirical sciences (i.e. biology) and his own flavour which is rooted in a Kantian-esque introspection. This concept is referred to in Mises' work as well as in the works of his successors as methodological dualism, and is a core tenet of Austrian social analysis.