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/sci/ - Science & Math

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9676329 No.9676329 [Reply] [Original]

Is GDP a pseudoscientific measurement? Why is it?
Why dont they make economic measurements more scientific?


https://www.economist.com/news/briefing/21697845-gross-domestic-product-gdp-increasingly-poor-measure-prosperity-it-not-even

>> No.9676331

Because it doesn't matter

>> No.9676354

>>9676329
>Why dont they make economic measurements more scientific?
Because economists do not use the scientific method.

>> No.9676360

>>9676354
I guess this.. They use P*pper's gnoseology. Not even one scholl is merely scientific. Although i like some laws they discovered. (Decrecent marginal utility, etc)

>> No.9676374

>>9676329
economists will not be satisfied until every available resource has been consumed.

>> No.9676391

>>9676374
OP here. I am making some "new" economy thet takes population and resources into account. BUt i study engineering though

>> No.9676411

>>9676391
ya good luck with that. convince /pol/ you're not a commie

>> No.9676428

>>9676391
You have to force people to do stuff for that(and thus do away with liberty), and thats bad you know. Remember what happened when commies took the planned economy meme to the extreme.

>> No.9676431
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9676431

>>9676391
That's what the movie Zeitgeist is about you fucking faggot you can't create anything for shit even if someone paid you

>> No.9676434
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9676434

>>9676374
>Economists are a homogeneous group with a hive mind mentality
Good lord this boards has gone to the abyss

>> No.9676445

>>9676434
>bla bla bla, funny pic

ya, or you could, you know, prove me wrong...

>> No.9676447

>>9676434
economics will not be satisfied until every available resource has been consumed

that's what they stand for.

>> No.9676448

>>9676329
>Why dont they make economic measurements more scientific?
They do, yet is far more profitable for governments to keep the shitty economists under its wing, for they are those who will keep the state alive. Always remember that total and irrestricted free market is the only way to end economic crises and create wealth.

>> No.9676451

>>9676448
>that total and irrestricted free market is the only way

for the most psychopathic consumers among us to consume every available resource, no matter the costs to everyone else

>> No.9676453

>>9676445
>prove me wrong
The very existance of economic schools of tought is enough to disprove you, faggot. A libertarian economist is no the same as a keynesian economist. Stop being this retarded, anon.

>> No.9676460

>>9676447
yeah, right, thats their slogan. Fuck off, stop spewing bullshit around.

>> No.9676462

>>9676453
good job failing at proving me wrong

all economists stand for is "economic growth"

>> No.9676466

>>9676460
>economics will not be satisfied until every available resource has been consumed
>thats their slogan

It really should be, you know...

>> No.9676468

>>9676428
>and thats bad you know.
prove it
>>9676411
you mean conservatives, right?
>>9676431
i`ve never seen that
>>9676448
muh austrian school is deeply pseudoscientif, though

>> No.9676472

>>9676451
This
>>9676448
The catastrophe of the common goods,anon.

>> No.9676478

Economy as a whole is an ideology driven pseudoscience.

>> No.9676482

>>9676478
Economics is more like a religion to a lot of these fucking zealots. Some of them are seriously fucking scary.

>> No.9676483
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9676483

>>9676451
>le "the state will protect us from psychos" meme
Welcome to reality pal, syria got bombed by the very same psychopaths that you are so afraid of. And they got their power not by the free market, but by the use of the state, the only force legally able to use the force to enforce its decisions. The same shit happend in Russia, in Germany, in China and with destructive force in every other country, as the resources of every citizen are being drained to support a ruling political class comprised almost entirely of psychos.

>> No.9676490

>>9676483
regulatory capture. the state only protects the corporations at this point.

"economics" is their excuse.

>> No.9676495

>>9676468
>prove it
I can't prove it if i have no liberty.

>> No.9676516

>>9676431
Autistic. It won't work out this way irl, even if it would be possible to build a giant mirror like this. Cheaper to buy a camera, film yourself and rewatch it 20 years later.

>> No.9676526

>>9676462
>literally a bald assertion
Go back to school, kid

>> No.9676531
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9676531

>>9676516
>newfags can't recognize a joke even if it has trollface in it
my god

>> No.9676548

>>9676531
Autistic. Theology is just a specific part of philosophy, and philosophy in fact is a part of cognitive science, and math is a mix of anthropological cognitive science and physics.

>> No.9676567

>>9676531
What I basically mean by
>>9676548 is all science fields are interconnected, and there are no "more pure" fields, even the most complex mathematical concepts are somehow applied to reality, to physical world and to observable universe, which is partly formed by our mind.

>> No.9676601

>>9676360
>discovering laws
>not just making up shit for the sake of convenience to reaffirm whatever school of thought they belong to

>> No.9676679

>>9676601
Yeah the ones i mean are more like obvious thing, like demand-suply stuff

>> No.9676948

>>9676329
economics is not a science anon

>> No.9677442

>>9676329
I mean, it's kind of determined on how much people are willing to pay for what you produce. I imagine there's a fuckton more variables than any model accounts for, but overall you can get a good general idea.
When you're measuring in billions, it's not like a few million here and there are gonna rock the boat

>> No.9677463

>>9676948
I think he wants to incorporate science into it though, which is not a bad idea. Doubtful any of the entrenched banking interests would provide funding to look into, let alone support a transition to a new system though.

>> No.9677501

>>9676391
It already exists its called technocracy inc. Look them up on youtune.

>> No.9677513

>>9676495
What if your totalitarian communist state orders you to prove it?

>> No.9677544
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9677544

>>9676679
>obvious
>demand creates supply
>supply creates demand
choose one and only one you obvious faggot

>> No.9677956

>>9676391
see >>9669175

>>9676428
>Always remember that total and irrestricted free market is the only way to end economic crises and create wealth.
Governments create free markets by protecting property rights and regulation to ensure free trade and fairness. Capitalism cannot exist without governments.

The whole point of moving away from a feudal system into a capitalist one was to take power away from monarchs and institutionalise it into a state that can protect everyone's right to free trade.