Comment Re:pay no attention to the man behind the curtain. (Score 1) 335
Economics, in it's current form, is not much better that Ptolemy's vision of an Earth centric universe. Sure you can add cycles to explain the observations of planets, but the paradigm is not useful for making predictions.
Economists need to learn how to model the economy as it actually is, instead of making so many simplifying (and wrong) assumptions as to make their models useless. They need to learn from fields like weather forecasting, where complex dynamics have been embraced.