#2
Really, when it comes down to it, everybody is clueless about the economy. All these "experts" don't know any more about how to fix it than any random guy on the street does.
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Pretty sure Jesus was decaffeinated.


I'm just a hedonist without happiness
#5
At least he's honest. Much better than someone who would be like "Hm, well let's pretend we know what's going on and **** about with interest rates for a while, see what that does." Economics gets confusing, man.
#9
Quote by crazysam23_Atax
So, the guy who's supposed to know doesn't. Why did we put this hack in there again?


He promised us cake.

Quote by Dirge Humani
Economists:
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Quote by spitonastranger
Economists:
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I thought both of these were perfect, the South Park one was genius though.
Last edited by blake1221 at Jun 23, 2011,
#10
Untrue. Economists are better equipped to solve economic problems because they're able to attribute certain issues to their source. I'm not saying all of them can, but economics is certainly scientific.
#11
Neoclassical economic theories are based on antiquated physics equations that have since been discarded as inaccurate....
Last.fm


"Art is always and everywhere the secret confession, and at the same time the immortal movement of its time."


#12
Science is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the world. If one would lable a certain field of expertise as science solely on the idea that everything in the field should be a Universal Law, and thus be correct 100% of the time, only exact sciences would be able to be defined as such. The fields of social science and economic science consist of thousands of theories and explanations on phenomenon that have been field tested and which are found to be accurete MOST of the time. Both social sciences and Economic sciences have lots of conflicting theories, mostly because their fields are overly complex and difficult to arrange by the human brain. See also: bounded rationality. Even though the laws and theories of the economic and social sciences are never 100% spot on, they do help us to explain and control the field of expertise.
Last edited by DavidBenyamin at Jun 23, 2011,
#14
Quote by DavidBenyamin
Science is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the world. If one would lable a certain field of expertise as science solely on the idea that everything in the field should be a Universal Law, and thus be correct 100% of the time, only exact sciences would be able to be defined as such. The fields of social science and economic science consist of thousands of theories and explanations on phenomenon that have been field tested and which are found to be accurete MOST of the time. Both social sciences and Economic sciences have lots of conflicting theories, mostly because their fields are overly complex and difficult to arrange by the human brain. See also: bounded rationality. Even though the laws and theories of the economic and social sciences are never 100% spot on, they do help us to explain and control the field of expertise.


Nothing is ever 100%. Anybody who demands 100% assurance in anything doesn't understand how these things work.