With paleonthology you can go to new place and already have prediction what you will find 500 meters under ground. With economics you can’t make prediction(assuming not having any historical knowledge) what will you find even 50 years ago or 50 years into future. What now has wild olygarchy could have had economic system vastly different from capitalism or feudalism 50 years ago. You can barely predict what will be next year: feudalism, capitalism or command economy.
And last problem is when people say economics, they usually mean capitalism economy.
Economics is a science… to understand the past. But to foresee the future…
Cybernetics is science. Theory of mass service(AKA queuing theory) is science. Well, it’s technically mathematics study like game theory.
Paleontology is also a science to study the past but doesn’t let you foresee the future.
What? Also? I didn’t say anything about forseeing future. But paleonthology does allow you to make predictions.
Just like economics… And almost with the same precision😉
With paleonthology you can go to new place and already have prediction what you will find 500 meters under ground. With economics you can’t make prediction(assuming not having any historical knowledge) what will you find even 50 years ago or 50 years into future. What now has wild olygarchy could have had economic system vastly different from capitalism or feudalism 50 years ago. You can barely predict what will be next year: feudalism, capitalism or command economy.
And last problem is when people say economics, they usually mean capitalism economy.