Filipe Martinho on Nostr: "A perfect money never existed before, every academic never understood what real ...
"A perfect money never existed before, every academic never understood what real money was, so most modern economics is a pseudoscience" - Saylor
As a physicist I've always wondered this and cringed seeing how my economics colleagues handled poorly constructed mathematical methods with unrealistic assumptions and unjustified simplifications
Modern economics does not follow fundamental principles of the scientific method (e.g. check your assumptions if your model does not accurately predict outcomes) yet it has an outsized influence on our modern societies. But that's about to change, and I can't wait for the improvements that will bring to the world
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