3 ms·

there seem to be a ton of assumptions in this comment.

• machello13 7y ago
  I don't think you can talk about this stuff without resorting to unsubstantiated beliefs about the way the world works.
• dTal 7y ago
  At least they put some effort into it. As it is, your comment contributes nothing. What assumptions, and why are they wrong?
  • abfan1127 7y ago
    That's actually a really valid point. I got interrupted by work. I'll see what I can do.
• AstralStorm 7y ago
  Assumptions are testable, e.g. using game models. Such as Monopoly. If you want as more accurate model, you can make one, e.g. mock markets. You can even evaluate then using various programmed strategies. The problem is if your assumptions are completely invalid. Macroeconomy tends to use a few of those, especially based on workings of debt cycle. An almost correct descriptive model which when used as proscriptive causes ruin. Likewise pure supply-demand models fail when applied in the real world.