Preface: The scientific method requires allowing a free-for-all of hypotheses, which then rise or fall based upon the results of actual experiments. In other words, science means that you throw out theories - no matter how good they look on paper - that are disproven by experimental results, and adopt those confirmed by the results. [Economics is supposed to do that, too ... but hasn't.]For example, putting Galileo to death because he didn’t agree with the “accepted” consensus that the Sun revolved around the Earth was not a great example of the scientific method. Instead of conducting experiments to see...