Many complain that economists "over-simplify." We do simplify of course; we are picky about what data "counts", and we prefer models with a few stark assumptions. And other social analysts do offer more detailed social stories, relying on messier data like personal impressions. But economists wonder: does their added detail get them closer to the truth?
What Evidence Intuition?
What Evidence Intuition?
What Evidence Intuition?
Many complain that economists "over-simplify." We do simplify of course; we are picky about what data "counts", and we prefer models with a few stark assumptions. And other social analysts do offer more detailed social stories, relying on messier data like personal impressions. But economists wonder: does their added detail get them closer to the truth?
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