this post was submitted on 22 Dec 2023
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[โ€“] [email protected] 3 points 10 months ago (1 children)

Lots of stuff from both social sciences and economics.

Social science suffers greatly from the Replication crisis

Economics relies largely on so-called natural experiments that have poor variable controls.

Both often come with policy agendas pushing for results.

I take their conclusions with a grain of salt.

[โ€“] [email protected] 1 points 10 months ago

Economics is purely based on assumption, at it's core. There's no proof the assumption is true, and recent trends seem to point towards it being false.

Economics assumes people are rational spenders.

But the "economy" is often just represented by the stock market, which is both not rational, and not a good measure of the economy. It's a great indicator of how much wealth is being extracted from the working class, but it's shit at representing how most of the money is being spent.