[A. Pole]

Instead, they cast economics as a scientific inquiry, using mathematical models, for example, to explore the economy without becoming advocates for one solution or another.

Economics is not a natural science. It is something closer to psychology, history or sociology. It is about what people do, what they think/believe/imagine, what they desire etc ...

Trying to reduce human beings to fake physical formulas is silly and pretentious.

[lucysmom]

Economics is not a natural science. It is something closer to psychology, history or sociology. It is about what people do, what they think/believe/imagine, what they desire etc ...

Trying to reduce human beings to fake physical formulas is silly and pretentious.

An economist, one who actually makes a darn good living as an economist in the private sector, said that anyone who says he understands economics is either lying or ignorant. He said that economics is psychological at its base and there are far too many variables for anyone to understand.