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@paninid @FantasticalEconomics there is in principle nothing wrong with emulating a successful field and physics has been dramatically, some think even unexpectedly, successful in explaining stuff.

But you can't pick and choose which elements of the scientific entreprise you will apply. Starting the isolation, as much as possible, of the observer's biases about the observable.

Economics is still, by-and-large, the sophistry of justifying existing social order using arcane mathematics.