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Comment by kephra

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.

parent kephra 11 years ago

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