Marsha, you asked ... Is Economics a Science ?

No it isn't; parts of it clearly use scientific methods, even
approximate statistical ones, but overall it is a matter of psychology
- predicting what people value, what they will do, and what other
people will do in response - hence game theory.

Economists who hang on to scientific notions of rule-based economic
calculations have been dubbed "autistic", and those who recognise the
values-based approach (per David's reference) as "post-autistic" try
this ...

http://www.adbusters.org/metas/eco/truecosteconomics/post-autistic.html

Ian

On 7/13/07, MarshaV <[EMAIL PROTECTED]> wrote:
>
> David,
>
> Thank you very much.  This paper looks like it grapples with my
> question.  Is Economics a science?   I will read it immediately.
>
> Gratefully,
>       Marsha
>
>
>
>
>
>
>
> At 01:58 PM 7/13/2007, you wrote:
> >Marsha
> >
> >John Dupre suggests:
> >
> >"the possibility of a science of economics of real value to humanity,
> >something which has only intermittently been true of the history of that
> >science, and seems decreasingly true of it in recent years17. But the
> >precondition of this, I have argued, is the recognition that fundamental
> >value judgments must be made at the very beginning of the project. They
> >cannot just be tacked on at the end."
> >
> >from:
> >
> >http://cogprints.org/347/00/ECONOMI.htm
> >
> >David M
> >
> >
> >----- Original Message -----
> >From: "MarshaV" <[EMAIL PROTECTED]>
> >To: <[email protected]>
> >Sent: Monday, July 09, 2007 11:34 AM
> >Subject: [MD] the economists???
> >
> >
> > >
> > > Greetings,
> > >
> > > What is free trade?   Trade would be value.  Can it ever be totally free?
> > >
> > > What do economists do?  Do they mathematically measure the static to
> > > predict the future?   Are their principles infallible being that they
> > > are built on mathematics?   What is the probable accuracy of their
> > > models and predictions?
> > >
> > > I am very ignorant of this subject.
> > >
> > > Marsha
> > >
> > >
> > >
> > >
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