12 ms·
I recommend to think of economics in terms of meteorology, instead of math/physics. Economical systems are way too complex to contain within a simulation, can't
by emteycz 6y ago
I recommend to think of economics in terms of meteorology, instead of math/physics. Economical systems are way too complex to contain within a simulation, can't be simplified like e.g. gravitation force formulas. There are analysts trying to interpret the history, explain current events and predict the future, researchers trying to find generalizations and politicians altering the economical policy arbitrarily - and everyone wants their content to reach everyone.