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> like this is some law of physics. And I don't think it can be. Economics is ultimately the study of people's behaviour, and that is subject to irrationality,

by skzv 5y ago

> like this is some law of physics. And I don't think it can be. Economics is ultimately the study of people's behaviour, and that is subject to irrationality, emotions, culture, and times.

lukifer 5y ago
https://en.wikipedia.org/wiki/Physics_envy https://en.wikipedia.org/wiki/Physics_envy
anm89 5y ago
Yeah, agreed, that's my whole point. Stating anything in economics like it is a known fact is mostly a fallacy IMO