Smash Notes

Why Are Macroeconomics Useless

at 0:00

From the episode: The Ultimate Foundations Are Math and Logic

Answer

It is too easy to make things up in macroeconomics without any ability to prove their validity. You can speculate on big things, but there are too many factors involved to track and validate their real impact on the outcomes.

Where this answer comes from

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Show
Naval
Episode
The Ultimate Foundations Are Math and Logic
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