3 ms·
>give it time, the data will come. I'm very much not an expert, but that seemed optimistic. Economy's problem is that it describes a system which contain (mor
by berntb 17y ago
>give it time, the data will come.
I'm very much not an expert, but that seemed optimistic.
Economy's problem is that it describes a system which contain (more or less) intelligent beings who read up on economic theory -- and the beings then modifies their behavior from those studies...
So to get data and build models, it seems there must be some fix point to that function, somewhere...? :-)
(To add maiming to injury, those beings change culture and probably basic motivations every generation, these days.)
I have respect for economy and economists, they seem to do a reasonable good job from a bad position. But I'm happy I went with other interests.