You seem to be beating up on neoclassical econ, but doesn’t this same problem hold for other econ schools, like neo-Keynesian econ, Marxian econ, Austrian econ? All of these seem to be even less empirically rigorous than the neoclassicals, so I’m not quite sure what point is made by focusing on them.
You seem to be beating up on neoclassical econ, but doesn’t this same problem hold for other econ schools, like neo-Keynesian econ, Marxian econ, Austrian econ? All of these seem to be even less empirically rigorous than the neoclassicals, so I’m not quite sure what point is made by focusing on them.