>As economics, as a field, becomes more powerful, the economy becomes more stable. umm..Nope. I can give you a subtle, nuanced argument about why that's plain

>As economics, as a field, becomes more powerful, the economy becomes more stable. umm..Nope. I can give you a subtle, nuanced argument about why that's plain false. However, I will defer to Dr. Derman here - http://blogs.reuters.com/emanuelderman/2011/09/23/the-perils-of-pragmamorphism/ http://blogs.reuters.com/emanuelderman/2011/09/23/the-perils...