Monday, April 30, 2018

Jason Smith — The ability to predict


Another good one on foundations of science and economics, specifically macroeconomics — if you are into this sort of thing.
These papers also fail to make any empirical predictions or really engage with data at all. I get the impression that people aren't actually interested in making predictions or an actual scientific approach to macro- or micro-economics, but rather in simply using science as a rhetorical device....
Information Transfer Economics
The ability to predict
Jason Smith

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