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comment by JakobVirgil
JakobVirgil  ·  4032 days ago  ·  link  ·    ·  parent  ·  post: Against local food | MattBruenig | Politics

it is just speculatin' dressed up with math. I had a working economist tell me that checking for normalcy of distributions was a waste of time because "economic statistics is far more sophisticated then that used by biologists and physicists" he also told me that doing derivatives of discontinuous functions was "normal" and done all the time by "scientists". Neo-classical economics passes both the Popper and Latakos test of being pseudo-science it is not falsifiable and does not predict novel truths that turn out to be true.

Bah Humbug. :)

Although in the larger economic field there are quite a few very clever folks doing good work.





b_b  ·  4032 days ago  ·  link  ·  

I'm sure their methods are so sophisticated they can find a signal in any random bit of noise that they put their mind to!

JakobVirgil  ·  4032 days ago  ·  link  ·  

I think that is the point I made that ended our correspondence. The scary part is that these guys write policy, ruin lives.