Human beings often confound, confuse, and mislead themselves by assuming naively that, in order to be true, a law, principle, or theory must be universally
Tag: physics
The Three Deadly Sins: The Pseudo-Nobel Economics Prize
Let the lie Have time on its own wings to fly. Arthur Hugh Clough In Christian theology, there are enumerated Seven Deadly Sins: pride,
The Wrong Model
Dazzled by the great success of physics, economists took this science as their model in formulating their theories of human economic activities. In doing so,
