
18 Jan
2014
18 Jan
'14
10:12 a.m.
From: Rohan McLeod Subject: Tim Josling wrote: >> ...the economics discipline as a whole is an epic fail >Tim I quite agree; >but would you agree the fundamental problem is a failure to accept, > the necessary constraints of objective falsifiability. >Two of which would be : >- abandonment of value judgements >-operational definitions of terms; > regards Rohan McLeod Not sure. These are very complex issues. My view on falsifiability is more along the lines of this. I try to update my opinions in a Bayesian way when new evidence comes along. This tends to lead to a state of having very few 100% certain views.