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RE: Lies, damned lies, and economics



> What does it mean to say that economists deliberately
> *lie* in a world where the relation of theories and evidences
> is one/many of underdetermination?
>
> Ian

In my understanding underdetermination is associated with the
observation that the system always finds a solution. To put this
in mathematical terms, there are more variables than equations.
If only we know what exactly these equations and variables are.

There may be some liar economists but if one equates all
economics to lies, one includes all economists in the set of
liars.

My conclusion from this is that it is not a good idea to equate
economics to lies on a list of mostly economists, however
progressive they may be.

Best,
Sabri




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