Economics is not a science, but an art. Yes, there are those trying to apply science to economics with econometrics, but any success is limited. True economics is philosophy.
Any philosophy must be consistent. The best way to attack or defend philosophy is to investigate the inconsistencies of the theory.
It is our hope here at The Art of Economics that we can educate and discuss the philosophy of economics, the most used and abused political and societal manipulation tool ever devised, and the most powerful unveiler of truth.
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