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comment by kleinbl00

That's because chemistry is bounded by math and physics while economics is bounded by politics and fashion. Piketty made the point in Capital that only Americans consider economics to be a hard science; in Europe it's considered more like sociology or anthropology and pretty much absolutely nothing like, say, statistics.

You also have to keep in mind that there will always be a market for "the sky is falling" narratives. On the other hand, "things are pretty okay" stories not only don't get sold, they don't even get read.





OftenBen  ·  3362 days ago  ·  link  ·  

    there will always be a market for "the sky is falling" narratives.

Guilty.

user-inactivated  ·  3363 days ago  ·  link  ·  

Do we think of economics as a hard science though? It's mathematical, but so is numerology.

user-inactivated  ·  3363 days ago  ·  link  ·  

Economics is a social science.

bioemerl  ·  3362 days ago  ·  link  ·  

It's both, really. Most similar to macrobiology, IMO.