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by mbrodersen
1635 days ago
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Yep that’s the problem with Economics. It isn’t a science like physics. And it is easy to find Economists that disagree with each other. The New Jersey experiment needs to be repeated many times in different settings before we can be more confident in its truth value. The same way it is done in sciences. However it is also true that some people will never accept it as being true no matter the evidence. People are a lot less rational than they think they are. |
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> However it is also true that some people will never accept it as being true.
I suspect it is because of the philosophical point I made, but maybe some people are not able to articulate it? E.g. I could accept my practical point to be invalid but that would not invalidate the second point - I just give freedom of choice value in itself. Hence I can tolerate costs that arise because of that.