Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: liberallarry
I am not persuaded that anyone - anyone at all - has a real grasp on what makes the economy tick.

We agree 100% there, that's for sure! All of what economists do is only a mental model after all, and I've seen cases made that the economy is what is termed an "unsimulatable system" - a system no model less complex than the system itself can accurately reproduce. I'm beginning to believe it.

34 posted on 10/17/2002 10:02:52 PM PDT by Billthedrill
[ Post Reply | Private Reply | To 29 | View Replies ]


bttt
35 posted on 10/21/2002 3:27:51 PM PDT by Tailgunner Joe
[ Post Reply | Private Reply | To 34 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson