Comment Re:String theory is not science (Score 1) 147
Economics is actually very much a science! They make empirical studies of the world, and test them to see if they hold up.
No, they make wooly models about how they believe the economy works, perform math which has terrible assumptions and overly huge margins of error, and pass it off as objective fact.
How you interpret economics is dependent on how you want to believe economics works. It is not an objective science in any sense of the word.
And it never has been.
Increasingly, some economists are starting to understand that a lot of their base assumptions are simply wrong.
Economics is a coarse model of human behavior with a zillion simplifying (and axiomatic) assumptions built into it.