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No, it's based on them being true enough that other approximations are less useful models.
by aristidb 14y ago
No, it's based on them being true enough that other approximations are less useful models.
- wisty 14y agoUnfortunately, most economists don't develop other models, so the other models are very immature.
- batista 14y ago>No, it's based on them being true enough that other approximations are less useful models. That is, in wishful thinking. No other field has a worse prediction track record that economics.