• Fandangalo@lemmy.world
    link
    fedilink
    arrow-up
    23
    arrow-down
    1
    ·
    1 year ago

    I think the internet thinks economics is a hard science. I think it’s mostly due to the math involved.

    • Mistic@lemmy.world
      link
      fedilink
      arrow-up
      17
      arrow-down
      2
      ·
      edit-2
      1 year ago

      It isn’t a difficult science from a learner’s PoV.

      It is, however, difficult in a sense of trying to figure out why in the world what happened happened, and most importantly, making it possible to do again.

      That’s because not only can you not experiment, you only gather data from observations, but once you share the product of your studies the reality changes in reacton to it.

      In same Physics the object of your studies doesn’t simultaniously study you.

      Math gets involved to get a result that is somewhat reproducable. But even then since we can’t factor everything we use degrees of probability/certainty.

      Theoretically speaking if we managed to fully understand human behaviour then we coult predict the outcome of everything. As you can imagine, we’re nowhere close to being able to do that.

      Back to original post, yes, economics is closer to psychology than it is to physics. At least for the fact that we study human behaviour, but on a different scale. So sociology and political science are the closest, then psychology, next all of biological sciences, and chemistry, physics and everything related come last pretty much.

      Math doesn’t fit anywhere here, since it’s a tool for measuring reality and not a study of reality itself.

      • SCB@lemmy.world
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        1 year ago

        You literally need a doctor’s in mathematics to be an actual economist.

        • Aceticon@lemmy.world
          link
          fedilink
          arrow-up
          1
          arrow-down
          2
          ·
          1 year ago

          Doctors of Mathematics know enough about modelling and the Garbage-in-Garbage-Out effect that they would quit the discipline of Economics within a few days of entering it.

          In the areas were Economics deals with things with high Political Relevance you need the a salesman mindset - vague and self-decieving - which is almost the diametrical opposite of how Matematicians think.

          • SCB@lemmy.world
            link
            fedilink
            arrow-up
            2
            arrow-down
            1
            ·
            1 year ago

            Lmao what? Economists are dorks man, not salespeople. Do you actually know any economists or is this just an “I’m mad because economists don’t push communism” kind of thing

      • bouh@lemmy.world
        link
        fedilink
        arrow-up
        3
        arrow-down
        21
        ·
        1 year ago

        This wall of text only means that economy is not even a science like psychology or social sciences could be.

        Economy is a fraud.

        • SCB@lemmy.world
          link
          fedilink
          arrow-up
          1
          arrow-down
          1
          ·
          1 year ago

          Lmao “economists don’t like my economic views so economics isn’t real”

    • mind@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      5
      ·
      1 year ago

      Economics is the hardest social science, because it uses the most math.

      It’s somewhere between physics and sociology.

      • BigNote@lemm.ee
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        1 year ago

        That doesn’t make any sense. Anything involving math is relatively easy because there’s only one right answer. A lot of people have this backwards because they have shitty math education and seem to think higher maths are akin to some kind of alchemy.

        • mind@lemmy.world
          link
          fedilink
          arrow-up
          3
          ·
          1 year ago

          Hard science as in “has a right answer”, as opposed to a soft science that is more subjective.

          I’m not referring to difficulty.

          • BigNote@lemm.ee
            link
            fedilink
            arrow-up
            1
            ·
            1 year ago

            Great. I’m not referring to your ideas. I’m referring to popular understanding.