this post was submitted on 05 May 2026
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[โ€“] explodicle@sh.itjust.works 1 points 14 hours ago (1 children)

The problem with economics as a science is that testing some theories can be very expensive.

[โ€“] wonderingwanderer@sopuli.xyz 2 points 14 hours ago

I've always viewed economics as a pseudo-science.

There might be some ways to apply the scientific method to economic systems, but even if so it would be a soft science at best.

But that's not even what's happening in conventional economic theory, and they try to treat it like a hard science.