On Friday, November 15, 2013 7:59 AM, Alan G Isaac wrote:
> This is just a way of saying you are not following the
> empirical work.  Hopefully science will never rely on
> what is "obvious" to individuals, since it is "obvious"
> that the Sun circles the Earth.

I assume Steve means "obvious" in a different way than the layman's simple observation that you exemplify it with. Another way of saying it is that economics, perhaps with Keynesianism exempted (?), is a deductive science. 


Per  Bylund


-----Original Message-----
From: Societies for the History of Economics [mailto:[log in to unmask]] On Behalf Of Alan G Isaac
Sent: Friday, November 15, 2013 7:59 AM
To: [log in to unmask]
Subject: Re: [SHOE] Where are the ex-Austrians?

On 11/14/2013 10:44 PM, Steve Kates wrote:
> I have for many years found Keynesian demand side analysis
> utterly wrong but where was the evidence? Now we have had
> a radical experiment in economic policy across the world
> and if it is not obvious beyond argument that a Keynesian
> stimulus will not work then I don't know what conceivable
> evidence there could ever be that would convince anyone
> just how poorly structured the underlying Keynesian theory
> is.


This is just a way of saying you are not following the
empirical work.  Hopefully science will never rely on
what is "obvious" to individuals, since it is "obvious"
that the Sun circles the Earth.

Cheers,
Alan Isaac