and so thinking of the ideal as being as clean as physics or engineering is just unhelpful.
-
-
as econ matures more as science, it will run into the same problems medicine did becoming science.
1 reply 0 retweets 0 likes -
so if you want to fix endemic problems in the field, maybe think first about how medicine approached similar problems.
2 replies 0 retweets 0 likes -
and to steer towards improvement, "be like medicine" is a lot more helpful than "be like (field that doesn't involve humans)"
1 reply 0 retweets 0 likes -
ok that's all
1 reply 0 retweets 0 likes -
also i'm followed by like two economists so
@eigenrobot@klejnot2 replies 0 retweets 1 like -
I think in Econ we're about at the "Four humors" stage of modeling the economy. Need to take it to more detailed level.
1 reply 0 retweets 2 likes -
Replying to @klejnot @eigenrobot
absolutely. Thankfully people do keep trying, which is a good thing
1 reply 0 retweets 2 likes -
also like medicine in sense that we're paid a lot of money to tell people not to do obviously stupid things, then ignored
2 replies 0 retweets 2 likes -
Replying to @eigenrobot @klejnot
and paid a lot more money if we're willing to tell them to do the things they want to do anyway
1 reply 0 retweets 2 likes
YES
see also the @robinhanson theory of management consulting http://www.overcomingbias.com/2012/01/why-so-much-consulting.html …
-
-
hmm yeah how can these firms possibly add value is a good Q. Idea that it's just "we need a messenger to shoot" makes a lot of sense.
0 replies 0 retweets 3 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.