Quote Originally Posted by Birdie View Post
I could be misunderstanding you here, but are you saying that economics isn't a real science because there is no way to test ideas before trying them for real and we have to base our current and future decisions based on economic decisions of the past?
No, what I meant to say is that the economics being teached in most faculties has an ideological rather than pragmatic orientation. Its hypothesis and (sometimes) empirical results are pre-determined by the political affiliation of a given professor.
This does not hold true for all economics but say macro is mostly politics now.