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No, economics isn't a science. It cannot discover truth using repeatable experiments. Economics is statistics mixed with political philosophy. Usually politica
by dreamdu5t 13y ago
No, economics isn't a science. It cannot discover truth using repeatable experiments.
Economics is statistics mixed with political philosophy. Usually political philosophy using statistical regressions on historical data to advance their political claim.
- jljljl 13y ago>>It cannot discover truth using repeatable experiments. Behavioral Economics is a field that attempts to do exactly this. Additionally, repeatable experiments is one method of falsifying claims, but it is not the only method. Observational studies and prediction testing can serve as a means to falsify claims.