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Lars P. Syll — On war and economics

Summary:
Claus von Clausewitz quote from On War that is relevant to modeling in general. This is true of the entire scientific (positivist) enterprise that assumes naturalism as the basis of truth. This is exacerbated by a further assumption that naturalism is not only a methodological assumption but the ontological and epistemological statement about reality. These assumptions oversimplify many design problems and as a result bias design solutions.  Science works quite well and consistently in dealing with physical matters, and fairly well in dealing with biological matters — other than psychology. But the record is not so good with social matters. Moreover, philosophical inquiry reveals foundational problems with the scientific view as a world view taken to reflect reality accurately.

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Claus von Clausewitz quote from On War that is relevant to modeling in general.

This is true of the entire scientific (positivist) enterprise that assumes naturalism as the basis of truth. This is exacerbated by a further assumption that naturalism is not only a methodological assumption but the ontological and epistemological statement about reality. These assumptions oversimplify many design problems and as a result bias design solutions. 

Science works quite well and consistently in dealing with physical matters, and fairly well in dealing with biological matters — other than psychology. But the record is not so good with social matters. Moreover, philosophical inquiry reveals foundational problems with the scientific view as a world view taken to reflect reality accurately.

Lars P. Syll’s Blog
On war and economics
Lars P. Syll | Professor, Malmo University

See also

Real-World Economics Review Blog
Pandemic Musings

Peter Radford

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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