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> inflation (aka how prices move) How prices rise, decreasing purchasing power. Notwithstanding that "science" isn't about forecasting, this is a Social Scien
by lanfeust6 1y ago
> inflation (aka how prices move)
How prices rise, decreasing purchasing power.
Notwithstanding that "science" isn't about forecasting, this is a Social Science, which shares the same pitfalls as Sociology and even Nutrition in most cases. What you have to work with is large datasets and logic, not observing and measuring material properties. Obviously that doesn't mean useful information can't be gleaned, nor that the scientific method isn't applied to research.
Ideas that we take for granted as a given now, like supply and demand, were not always. Data reflects it's a highly predictable effect. It's a moot point whether you want to call it science or not: data quality and interpretation matters.
Your use of science here is just a thought-terminating cliche meant to say "nooooooo don't pay attention to the facts!"