Pointing out flaws in other analysis doesn't actually justify your own preferred explanations. See creationism.
Well, I've certainly learned a lot from this discussion. Although, I find myself agreeing with the guy who called them weirdos, the Austrian school, as it has been explained, does seem really weird to me.
Non-predictive analysis can't be used to make decisions, and therefore can't have any effect on the real world unless it is being used incorrectly. By their own argument, Austrian economics is a waste of time. A dislike…
Algorithmic analysis is absolutely scientific. Asymptotic analysis is based on models of computer behaviour that are testable (and people do test them and do improve on them). Moreover, the asymptotic models make…
You probably know more about economics than me (I'm just a mathematician), so I won't argue against you, but if I understand your two posts correctly, it seems like what you're describing is completely useless. If a…
Pointing out flaws in other analysis doesn't actually justify your own preferred explanations. See creationism.
Well, I've certainly learned a lot from this discussion. Although, I find myself agreeing with the guy who called them weirdos, the Austrian school, as it has been explained, does seem really weird to me.
Non-predictive analysis can't be used to make decisions, and therefore can't have any effect on the real world unless it is being used incorrectly. By their own argument, Austrian economics is a waste of time. A dislike…
Algorithmic analysis is absolutely scientific. Asymptotic analysis is based on models of computer behaviour that are testable (and people do test them and do improve on them). Moreover, the asymptotic models make…
You probably know more about economics than me (I'm just a mathematician), so I won't argue against you, but if I understand your two posts correctly, it seems like what you're describing is completely useless. If a…