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>> No.49440778 [View]
File: 39 KB, 640x878, Popper.jpg [View same] [iqdb] [saucenao] [google]
49440778

>>49439227
Maturity is realizing Karl Popper was correct when he pointed out that all economic policies involve empirical predictions: 'if we do X then Y will happen'. Economic policies are empirically falsifiable hypotheses, and therefore scientifically testable. We should always be looking to falsify our theories/policies and amend or revoke them in the light of unintended consequences.

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