this post was submitted on 07 Jul 2024
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Science Memes

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submitted 4 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 5 points 4 months ago (1 children)

The level of rigour you would see in e.g. particle physics versus in economics is baffling.

There's no economic equivalent of a LHC, though. For a while, the high end physics really was confined to a blackboard and predicated on people's faith in mathematics. And you can build convincing economic models rooted in a reliable mathematical formula. You can even back your way into a convincing mathematical model by compiling economic data and building a model around that.

Whereas economics feels pseudoscience with a maths clothing.

The economist Richard Wolff often comments on the curious distinction between Economics and Business as fields of study.

[โ€“] [email protected] 3 points 4 months ago

Na mate, you can't replicate a single study. There's never a chance to control all your environment and redo everything exactly the same. Even if you did, people get older and arguably wiser so they behave difference under the same situation.

In the mean time, all electrons are interchangeable and you can pick as many as you want and put in the condition that you want.