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Hand wavy economics. I love it. The fact is,people, that economics is not a science. Unlike the (more) axiomatic world of physics and math,economic principals
by cellis 19y ago
Hand wavy economics. I love it.
The fact is,people, that economics is not a science. Unlike the (more) axiomatic world of physics and math,economic principals hold true much less in the real world. Yet for some reason, people think that they can formulate theories about how economies work in certain situations. This is tantamount to trying to predict which way the wind will blow.