Articles NewsFlow La Cote de l’or et de l’argent Market Briefing

Recevez notre Marketbriefing

overtheedge
Membre depuis mai 2012
680 commentaires - suivi par 6 personnes

6 abonnées

A laissé un commentaire sur l'article :

The Fundamental Flaw of 'Mainstream Economics'

- Hugo Salinas Price - Plata.com

Although Irving Fisher is long dead and his pseudo-scientific thesis long ago discredited, the indexing continues.
One of the most well known being the CPI.
Any attempt to use the scientific method in an environment when ALL the variables can't be controlled will always result in failure.
Not all members of homo sapiens are amenable to manipulation.
Attempts to use logic when analyzing the illogical actions of a specie is just as foolish.
It appears to work on the gross scale until it doesn't.
Then it is called a "black swan" event.
Tho many see it coming, the model failed to predict it.

So why do these "Sorcerer's Apprentices" continue to use it?
I would argue that economics is NOT a science, but rather philosophy just as is religion.
Belief systems can accept bushel baskets full of flawed logic.
For what is philosophy but reasoned opinion?
And reasoning is based upon individual priorities.

By claiming to be economic science, it gains credibility among the scientific illiterate.
Just as its first cousin, political science.

Good article.

Commenté il y a 3310 jours

envoyer

Début de l'article :Francis Bacon, an Englishman, was born in 1561 and died in 1626. Bacon's thinking had a profound influence upon the development of Western civilization, because he founded what is known as the scientific method. All the scientific advances of mankind up to the present day, are based on this method, which is - in a few words - orderly experimentation upon things of the natural (physical) world in order to arrive at a truth. He was the first to outline the bases of the methodology to discover phys... Lire la suite

Répondre à ce commentaire

Vous devez être connecté pour commenter un article

8000 caractères max.

connectez-vous ou inscrivez-vous

	Nos flux RSS		24hGold Mobile
	Gold Data Center		Convertisseur Or Argent
	Pièces d'or sur eBay		Pièces d'argent sur eBay
	Minières : outils techniques		Minières : outils d'analyse fondamentale