💬 Why Economists Disagree? | 2 main reasons
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Күн бұрынWhy economists disagree? Does it mean economics is just a bunch of opinions, and we cannot learn anything from it? Why does two people, both experts in their field, are saying the opposite things?
00:00 - Why do economists disagree?
02:09 - Science vs opinions
04:02 - Science vs science?
06:31 - Summary
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@nPcDrone 2 жыл бұрын
Because one is an expert in the economy and the other is an expert in totalitarian statist control of production and trade.
@mkzhero 2 жыл бұрын
Well put, was just about to write something similar. Always good to see reasonable people aren't extinct yet
@BobWidlefish 2 жыл бұрын
1. Epistemology. 2. Corruption.
@ThinkEcon 2 жыл бұрын
This is actually a very good answer and summary of a question that many have asked over the study of economics. Normative vs Analytic Economics at it's finest! Well done!
@marunio435 2 жыл бұрын
That was an answer for my unspoken question. Thanks for an explanation.
@zehra2334 2 жыл бұрын
Awesome animation and vocalization.
@AdmiralYoshi 2 жыл бұрын
If any empirical research is meaningless and settles nothing, does it negate all claim based on economic statistics
@EconClips 2 жыл бұрын
Not any, just oversimplified. It's possible to conduct good epirical study - the more relevant variables it would include - the better.
@MrDanielfff777 2 жыл бұрын
Good vid
@kostas0352 Жыл бұрын
Isn't it good to disagree?
@Anti-CornLawLeague 2 жыл бұрын
Fred Foldvary was the only Austrian economist non-ideological enough to admit that the least bad tax is the Land Value Tax.
@Mit852 2 жыл бұрын
That's like saying you would rather have someone rob at knifepoint than gunpoint.
@NotRexButCaesar 2 жыл бұрын
Maybe from a productivity perspective. I would rather not rent from the government.
@oooo-mx5th 2 жыл бұрын
Crush Communism!
@jebremocampo9194 2 жыл бұрын
Methodology
@eliasmontanez 10 ай бұрын
And this is why economists are of no use to improve the economy
@davidt1621 2 жыл бұрын
Capitalist = Authoritarian/Antitrust Free-Marketer = Anarchist/Distrust Simple 🤣🤣🤣🤣
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