Computational Irreducibility in Economics – An Economist’s Review of A New Kind of Science
strangerousthoughts.wordpress.com/2012/07/28/...
strangerousthoughts.wordpress.comPosted Jul 28, 2012, 7:22 PM UTC
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Economics can't be figured out, therefore, my specific type of economics is right! Something's wrong here.
It can't be reduced, but it can be figured out.
There's no evidence about this "figuring out" thing. Besides, that ismwhat statistics is for. Weather can't be figured out, but climate can. Similarly, fluctuations cannot be predicted, but the overall effects absolutely can be determined.
Well climate, much like orbital patterns, is repetitive, that is why it can be reduced.
Human action is not repetitive.
Is so!
see r/psychology for examples.