re: #291 Aceofwhat?

I’m fine with that statement. I disagree that Econ is not a ‘hard’ science.

“Soft” = qualitative approach. Econ is far more related to Climatology than, say, anthropology…even though Econ does need to account for some behavioral items.

I stand by very general analogies (VERY general) to climate science as not being an insult to climate science.

I don’t think you were trying to insult climate science.

I was however trying to insult many who make economic arguments.

And note that the many who make economic arguments are not the sum total of economics.

Economics in terms of mathematical models has its place and it is quantitative as far as the initial assumptions of the models are accurate.

However, all economic models I know of that are popular are based on the following major flaws:

1. They assume infinite growth is possible on a finite planet with finite resources. This is not just false, but simply insane.

2. They assume that people will buy and sell in their own best interests. This too is patently false and simply insane to posit.