To put this in perspective, we wouldn't even notice that our GDP in 80 years is 10.5% lower than it could have been. Society will be about 500% richer by then. This is great news disguised as terrible news.https://twitter.com/afreedma/status/1163500017681862656 …
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Good economists don't ignore science.
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Says no scientist.
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And more importantly Economists don’t know what they’re talking about most of the time
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And more importantly, even if they got the facts straight, policy/values tradeoffs are not scientific. Someone's science credentials give them no special insight into whether denying cheap energy to the poor in developing nations that cook today by burning cow sh!t is worth it.
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Right? Most are horrible at money, like most doctors
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Economists are social scientists. Which means they are basically trying to model and predict the behavior of various groups of humans and their economic activities with various abstract models with only some success.
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