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Reply #14: Good. In economics, we learned named theories - all appealed to [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Fredda Weinberg Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-04-08 10:23 PM
Response to Reply #4
14. Good. In economics, we learned named theories - all appealed to
logic, but none were grounded in mathematical rigor nor were subject to experiment.

Even the laws of supply and demand are mis-named - but function well enough in the practical world to go unquestioned. But look to the extremes ... inflexible need for vital supplies for the poor and the inability to satisfy the whims of the wealthy. The law's a joke when you compare it to the adjustments to F=MA for relativity.

Are you sure you want to take me on?
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