Lars P. Syll — What’S The Role Of Economics?

The economists' dilemma: If economical methodology doesn't base of operations itself on assumptions mutual to the difficult sciences, similar homogeneity, additivity, transitivity, etc, hence it won't hold out considered a existent science. On the other hand, if economists ignore reflexivity, downward causation inwards systems, synergy, together with other factors that impact individuals who are socially embedded, its output volition non agree reality together with it volition look lack empirical foundation, non to cite disappointing raised expectations resulting from the claim of beingness a "hard" scientific discipline distinct from "soft" scientific discipline similar social science.

Maybe quit beingness hypocritical together with 'fess upwardly to the actual situation?

Lars P. Syll’s Blog
What’s the role of economics?
Lars P. Syll | Professor, Malmo University