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Are you saying that the scientific method cannot be applied to economics? :O While qualitative analysis can be considered empirical, it's not something often s
by charliesharding 8y ago
Are you saying that the scientific method cannot be applied to economics? :O
While qualitative analysis can be considered empirical, it's not something often seen when money is concerned and the stakes are high. Most often you will see papers relying on qualitative methods in the "soft sciences" such as social science. Not to mention "verbal theorizing".. this is the kind of stuff that gets laughed out of real conversations.
- AnimalMuppet 8y agoSaying that the qualitative stuff is unscientific doesn't make the quantitative stuff scientific - just quantitative. At least, I think that's eeZah7Ux's point.
- cannabis_sam 8y agoEconomics IS a soft science, that’s the point people are trying to get across. I would also suggest you look up what you call ”the scientific method”, it’s a misconception that there is one abstract scientific method to apply to all fields of research. The process of science necesserally differ between formal, natural and social science. I personally like to summarize economics as ”the art of pretending that sociology (social science) is physics (natural science), by abusing math (formal science).”