Does being a cynic make you smarter? That something is difficult to verify does not make it any less important to study, and it is wrong for us to attack the s

Does being a cynic make you smarter? That something is difficult to verify does not make it any less important to study, and it is wrong for us to attack the social sciences in this regard. I too do not have much patience for the "it's complicated, trust us" attitude. But the author's remarks are less a "trust us" defense of econ as they are a suggestion that we should get a balanced education into the matter before we get all strong-headed. That aside, economics is difficult to verify, but there does exist a branch of science called experimental economics. There was one particularly interesting "study" that ought to catch your attention. http://ideas.repec.org/p/kud/kuiedp/0335.html http://ideas.repec.org/p/kud/kuiedp/0335.html That one study on its own should explain the need for a Federal Reserve Bank.