As with all disciplines, there is always room for new (and sometimes, old) thoughts. I probably express it differently, but a lot of it is common sense and allowing the best to rise to the top. Once you start to model, you introduce all sorts of assumptions and potential biases. (That holds true for epidemics, global warming, "climate ch…
As with all disciplines, there is always room for new (and sometimes, old) thoughts. I probably express it differently, but a lot of it is common sense and allowing the best to rise to the top. Once you start to model, you introduce all sorts of assumptions and potential biases. (That holds true for epidemics, global warming, "climate change" and the "hard" sciences as well.) My discipline was chemistry. One of my late-in-life interests is trading in the markets. Some theorists will tell you trades represent random walks in direction. Individual trades do; but just as in gases, a large group of random movements creates pressures for balloons, winds, and airplane flight (properly harnessed). I consider this activity a blend of my science and some economics, plus a lot of painful experience.
As with all disciplines, there is always room for new (and sometimes, old) thoughts. I probably express it differently, but a lot of it is common sense and allowing the best to rise to the top. Once you start to model, you introduce all sorts of assumptions and potential biases. (That holds true for epidemics, global warming, "climate change" and the "hard" sciences as well.) My discipline was chemistry. One of my late-in-life interests is trading in the markets. Some theorists will tell you trades represent random walks in direction. Individual trades do; but just as in gases, a large group of random movements creates pressures for balloons, winds, and airplane flight (properly harnessed). I consider this activity a blend of my science and some economics, plus a lot of painful experience.