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In a few seconds of partly facetious, partly very serious discussion. He’s not far from the truth either![embedded content]And, yes, as Searle says, we can indeed have an epistemologically objective science of economics, even though important things in economic life are subjective in a deeper sense (e.g., expectations, subjective utility) than just being “observer-relative.”The epistemologically objective science we need is Post Keynesian economics. Everything else is charlatanry, pseudo-science, or, at most, just a pale imitation of Post Keynesian economics.
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Lord Keynes considers the following as important: Economics, John Searle
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In a few seconds of partly facetious, partly very serious discussion. He’s not far from the truth either!In a few seconds of partly facetious, partly very serious discussion. He’s not far from the truth either![embedded content]And, yes, as Searle says, we can indeed have an epistemologically objective science of economics, even though important things in economic life are subjective in a deeper sense (e.g., expectations, subjective utility) than just being “observer-relative.”The epistemologically objective science we need is Post Keynesian economics. Everything else is charlatanry, pseudo-science, or, at most, just a pale imitation of Post Keynesian economics.
Topics:
Lord Keynes considers the following as important: Economics, John Searle
This could be interesting, too:
Lars Pålsson Syll writes Post-real economics — a severe case of mathiness
Lars Pålsson Syll writes Perché la trasformazione del capitalismo è necessaria
Lars Pålsson Syll writes The Larry Summers Problem
Lars Pålsson Syll writes DSGE models — worse than useless
And, yes, as Searle says, we can indeed have an epistemologically objective science of economics, even though important things in economic life are subjective in a deeper sense (e.g., expectations, subjective utility) than just being “observer-relative.”
The epistemologically objective science we need is Post Keynesian economics. Everything else is charlatanry, pseudo-science, or, at most, just a pale imitation of Post Keynesian economics.