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It’s quite the opposite. Economics is generally the most rigorous of the social sciences. Even the “worst” discipline, macroeconomics, tends to yield high qual
by seizethecheese 5y ago
It’s quite the opposite. Economics is generally the most rigorous of the social sciences.
Even the “worst” discipline, macroeconomics, tends to yield high quality predictions. Larry Summers was screaming from the rooftop about how the Covid stimulus would result in inflation
- hackernewds 5y agoMicroeconomics maybe. Macro is highly speculative since there is borderline no basis for experimentation and inference, and every incidence has no precedence. This is very broadly understood and accepted by economists themselves