But in the purely theoretical sense...

Posted by bobbapink on Mar 12, 2002 at 11:50

Re: Discussions with Dan and Rose - Economics VS climatology – a meeting of the sciences? (Dale)

But in the purely theoretical sense, politics aside, I really don’t see much difference between the two. While I think economists have a much better grasp of their subject matter, the parallels between the two studies are striking. It was actually Rose’s reply that convinced me they might be the same science using different names. Both use mathematical models and selective macro-level variables. Both deal with aggregate outcomes of seemingly random events. Both lack to some extent (economics less so) the opportunity to test their theories in controled laboratory settings.

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