The leap from “controlled experiments are not possible” to “one has to deduce from first principles” is huge and unsupported.
Yes, whenever people try to make this sort of argument I have to wonder how they think we should do astronomy.
Please see my reply above to pragmatist.
To add a bit, the rigor in monetary economics today is so far behind physics, it is not fair to compare the two subjects. It is an insult to Physics.
Yes, whenever people try to make this sort of argument I have to wonder how they think we should do astronomy.
Please see my reply above to pragmatist.
To add a bit, the rigor in monetary economics today is so far behind physics, it is not fair to compare the two subjects. It is an insult to Physics.