supergee: (Foster)
[personal profile] supergee
Of course it’s science! Look at all those equations!

Thanx to [personal profile] andrewducker

Date: 2017-07-27 04:27 pm (UTC)
johnpalmer: (Default)
From: [personal profile] johnpalmer
I'll again make my mild observation that economics *is* better than astrology, even if it doesn't do all that we wish it would/could. A lot of people (contra the article) did call out the possibility of a crash in 2008, but most didn't realize how deep the rot could go because of the unregulated "shadow banking" industry. This isn't the fault of economics.

I do grant you, it's often snake oil, which I believe some purveyors claimed "scientific" basis for.

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Arthur D. Hlavaty

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