simardcasanova’s avatarsimardcasanova’s Twitter Archive—№ 33,316

  1. …in reply to @vtijms
    @vtijms It’s arguing against something vastly outdated (which is my initial criticism), but it’s also wrong Neoclassical economics have a lot of predictive power, as empirically assessed
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    1. …in reply to @simardcasanova
      @vtijms You don’t judge "consistency with the real world" on the "realism" of the assumptions but on how well theoretical predictions fit with the data
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