Comment Comment by acover Correct me if I'm wrong. There are certain areas where economics/human behavior that are well understood. Like how people behave in markets.Macroeconomics isn't as well understood. However given the vast control the central bank has monetary policy seems to be quite effective.Side note: I'd love to know what areas of economics, psychology and other soft sciences have predictive power, according to a consensus of experts.Do we know things? What do we know? Let's find out!Edit 2: HN confuses me. Downvotes for what? parent acover 9 years ago
Macroeconomics isn't as well understood. However given the vast control the central bank has monetary policy seems to be quite effective.
Side note: I'd love to know what areas of economics, psychology and other soft sciences have predictive power, according to a consensus of experts.
Do we know things? What do we know? Let's find out!
Edit 2: HN confuses me. Downvotes for what?