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Economists today are in a way the scientists of the renaissance. Back then it was the church that couldn't accept the world view of Copernicus and Galilei. Toda
by jonas_b 17y ago
Economists today are in a way the scientists of the renaissance. Back then it was the church that couldn't accept the world view of Copernicus and Galilei. Today it is the politicians that won't accept free trade and long-term fiscal responsibility. I wonder if the day will come when politicians accept economics the way they accept gravity?
Disclaimer: I don't really mean to compare economics with the hard sciences, just the way they are treated.
- chaostheory 17y agoAs you've hinted there's a reason that economics is treated that way. At this point, economics simply relies on too many other fields; many of which are also at their infancy. When you think about it, we're having a hard enough time predicting stuff like weather; let alone something that is the sum of all of that and more...