Reply
  • Apr 22, 2021
    BillyShears

    Can you give me a time when the price of an item went up the same time the supply of an item went up?

    What lol

  • Apr 22, 2021

    It's a close thing to science. Critics are mostly about economists being way too sure of the models and those models constantly ending up being false.

    Macro econs tends to be more bullshit than micro

    ps: don't take this for bachelors, s***s trash (talking from experience )

  • Apr 22, 2021
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    1 reply
    DVLPR

    Are you saying that truth/facts aren’t necessary to describe the world around us in a consistent, reliable manner?

    There are facts of nature. Humans can never discern those facts with complete certainty. Thus, we developed science to describe our world as consistently and reliably as possible. Facts exist. We can never prove they are facts. So we have science. You don't know what science is and are arguing your made up definition that exists only in the minds of the willfully ignorant.

  • Apr 22, 2021
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    2 replies
    DVLPR

    But the continents were moving whether people believed it or not.

    Yeah but economics is a social science. It’s supposed to tell us about societies. Something like economics saying people are motivated by their self interests is gonna be prevalent in most if not all societies

  • Apr 22, 2021
    Never posting agai

    There are facts of nature. Humans can never discern those facts with complete certainty. Thus, we developed science to describe our world as consistently and reliably as possible. Facts exist. We can never prove they are facts. So we have science. You don't know what science is and are arguing your made up definition that exists only in the minds of the willfully ignorant.

    What I mean by getting closer and closer to the truth is reducing the margin or error, reducing the uncertainty. Yes, we may never arrive to an absolute truth, but that’s where we are aiming at, aren’t we?

  • Apr 22, 2021
    CrimsonArk

    It’s a pseudo-science with unreliable application backed up with often f***ed up ideologies.

    It’s basically magic crystals level.

  • Apr 22, 2021
    Fundamentals

    social science

    What is a social science?

  • Apr 22, 2021

    this thread is trash

  • Apr 22, 2021
    Lou

    I mean we enter a recession every like 12 years so... figure it out economists

  • Apr 22, 2021

    modern inflation and fiat banking systems

  • Apr 22, 2021
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    1 reply
    BillyShears

    Yeah but economics is a social science. It’s supposed to tell us about societies. Something like economics saying people are motivated by their self interests is gonna be prevalent in most if not all societies

    What is a social science? Can science be social?

  • Apr 22, 2021
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    1 reply
    BillyShears

    Yeah but economics is a social science. It’s supposed to tell us about societies. Something like economics saying people are motivated by their self interests is gonna be prevalent in most if not all societies

    What if all that economics is telling us is how people react to an ideology?

  • Apr 22, 2021
    hot pancakes

    depends on who you ask

    I’m asking you.

  • Apr 22, 2021
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    1 reply
    Sand Man

    What is a social science? Can science be social?

    Science is the study of something by observation and experimentation.

    Social is pertaining to society.

    So together we get the study of society by observation and experimentation.

  • Apr 22, 2021
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    1 reply
    DVLPR

    What if all that economics is telling us is how people react to an ideology?

    Idk that’s good for society? People follow all sorts of ideologies so knowing how people react to them is a good thing no?

    Not really sure what you’re getting at?

  • Apr 22, 2021

    It’s a tool that helps to ask questions in society

  • Apr 22, 2021
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    1 reply
    BillyShears

    Science is the study of something by observation and experimentation.

    Social is pertaining to society.

    So together we get the study of society by observation and experimentation.

    Nope.

    In this first sentence, you described empiricism.

  • Apr 22, 2021
    BillyShears

    Idk that’s good for society? People follow all sorts of ideologies so knowing how people react to them is a good thing no?

    Not really sure what you’re getting at?

    So Economics study how people react to an ideology, and not how people react to “scientific economic facts”. I believe it’s an important distinction.

  • Apr 22, 2021
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    1 reply

    Braindead thread

  • Apr 22, 2021
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    1 reply
    worldpeace

    dont you think psychology does a better job of that?

    My professor micro said Psychology is basically Economics for ppl that don’t care about money.

  • Apr 22, 2021
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    1 reply
    Sand Man

    Nope.

    In this first sentence, you described empiricism.

    Yeah but even still social science is one the 3 major categories of science

    en.m.wikipedia.org/wiki/Index_of_branches_of_science

  • Apr 22, 2021
    M a r b l e

    My professor micro said Psychology is basically Economics for ppl that don’t care about money.

    That's definitely an oversimplification lol

  • Apr 22, 2021
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    2 replies
    space0cadet

    Braindead thread

    Who are braindead, people who believe economics is a science or people who believe it’s an ideology?

  • Apr 22, 2021
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    1 reply
    BillyShears

    Yeah but even still social science is one the 3 major categories of science

    https://en.m.wikipedia.org/wiki/Index_of_branches_of_science

    According to Wikipedia 🧢

  • Apr 22, 2021
    DVLPR

    Who are braindead, people who believe economics is a science or people who believe it’s an ideology?

    both