> We have formal theory such that five economists who disagree know exactly where they disagree - on which assumption or axiom. In practice economic debate usu

> We have formal theory such that five economists who disagree know exactly where they disagree - on which assumption or axiom. In practice economic debate usually degenerates into mud-slinging because there isn't a universal arbiter of what constitutes a good model. I don't think the saltwater-freshwater debate was particularly precise or reasoned.