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.