This. I’m not an expert in economics, but much of what little I’ve seen is maths based on assumptions strongly reminiscent of assuming that a fluid has zero viscosity, with very little comparisons of theoretical predictions with empirical data.
This. I’m not an expert in economics, but much of what little I’ve seen is maths based on assumptions strongly reminiscent of assuming that a fluid has zero viscosity, with very little comparisons of theoretical predictions with empirical data.