3 ms·

I would say you're cherry picking. HIV went from death sentence to a nuisance. So again, I ask, why haven't economists made similar progress? I guess they just

I would say you're cherry picking. HIV went from death sentence to a nuisance. So again, I ask, why haven't economists made similar progress? I guess they just like winning medals and appearing elite, without actually contributing anything?

gruez 3y ago
Well for one, in medicine you can run randomized trials across thousands or even millions of patients. The public don't want their economies turned into guinea pigs for economics experiments, so they have to stick with natural experiments, which greatly limits progress. A better comparison would be the public health response to covid-19. Even today we don't really know whether lockdowns were worth it or not. >I guess they just like winning medals and appearing elite, without actually contributing anything? Are they? some of the contributions listed here seem pretty important and non-trivial: https://en.wikipedia.org/wiki/List_of_Nobel_Memorial_Prize_laureates_in_Economic_Sciences https://en.wikipedia.org/wiki/List_of_Nobel_Memorial_Prize_l...