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comment by kleinbl00
kleinbl00  ·  1457 days ago  ·  link  ·    ·  parent  ·  post: Admit it: you know nothing about economics.

    Somehow I don't think this article is aimed at the kleinbl00s of this world (all one of him).

No, the article is intended to make you equate the mysteries of economics with mutherfucking medicine. Check it out (again):

    Why is it that we are comfortable letting experts tell us what is best when it comes to medicine but when economists are telling us something, we largely ignore it and assume that we know better?

Because medicine is an evidence-based scientific study of cause and effect while economics is a loosey-goosey empirical curve fit that gyrates through 360 degrees of thought every 50 years, that's why.





Chromatic_Jon  ·  1457 days ago  ·  link  ·  

I thinks it's telling also how distinctly askew the two fields are in terms of 'progress'. Economics (after checking wikipedia really quickly) was practiced by multiple ancient civilizations including the Mesopotamians and the Greeks. Thomas Aquinas was born in 1225 and he's apparently called by some the founder of "scientific economics". To contrast, penicillin was discovered in 1928. The germ theory of disease goes back to 1546 at the latest but more reasonably could be dated to 1808. When you compare the amount of time that people have spent thinking about these respective fields to the number of concrete answers a specialist could give to questions one might ask, there can be little doubt about who is coming from a place of knowledge and who chose to study a system of inherently irreducible complexity and would like you to believe they have the answers you seek.

qiy  ·  1455 days ago  ·  link  ·  

    No, the article is intended to make you equate the mysteries of economics with mutherfucking medicine.

Whose researchers and practitioners are nearly as confused about as economists. Both fields feature a lack of experimental verifiability that should give us perpetual pause. The fact that we can't put people or societies in a box and poke them at will to verify hypotheses does mean that economists (and often doctors and medical researchers) do no know what the fuck they are talking about.

But, the mere fact it is hard doesn't mean everyone is an equal. You can understand some things about economy or medicine through study. That's tough and a valuable result, so I agree with the author of the article that this deserves soelme respect.

qiy  ·  1455 days ago  ·  link  ·  

I have spent half a decade as an economics researcher and far longer as one in biology.

I find both fields incredibly prone to total confusion and story telling.

This does not make either one a failure. Both are capable of doing super useful stuff.

kleinbl00  ·  1455 days ago  ·  link  ·  

    Whose researchers and practitioners are nearly as confused about as economists.

This conversation can serve no further purpose.