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by kephra
3906 days ago
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The main problem of social science like history or economy is that they are political shaped sciences. Both pick those pattern that fit into their world view, to form a religion like truth of how the world worked. And state payed historian or economic scientist will normally preach the view of their system. I did not have time for this year Riksbanks Rris, but e.g. in 2013 we saw a typical price " should discard its mathematical pretensions " and better just tell its political agenda straight. Instead they used a positivistic computer simulation, which basically means: I have a row of theories (CAPM, OPT, EHM, ...) that have several unknowns and I tweak their parameters till simulation shows the results that I want to show. |
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