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I keep these things in the back of my mind when talking about economic theories: - an economist is someone who can tell you today why he was wrong yesterday.
by athrowaway3z 5y ago
I keep these things in the back of my mind when talking about economic theories:
- an economist is someone who can tell you today why he was wrong yesterday.
- the central bank of Sweden made up an award in the honor of Nobel. Twice the recipient made a point to remind people economic theory is not an exact science.
- solveit 5y ago> an economist is someone who can tell you today why he was wrong yesterday. Which puts them near the bottom as a hard science, but near the top of the social sciences. (I'm agreeing with you, but the valence of your observation depends on what reference class you have in mind for economics)