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Olduvai III: Catacylsm
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Why Hypothesis is no longer about Discovery

Why Hypothesis is no longer about Discovery COMMENT: The old definition of the scientific method was “In a typical application of the scientific method, a researcher develops a hypothesis, tests it through various means, and then modifies the hypothesis on the basis of the outcome of the tests and experiments. The modified hypothesis is then retested, […]

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Does it Matter Whether Assumptions in Economics are Arbitrary?

DOES IT MATTER WHETHER ASSUMPTIONS IN ECONOMICS ARE ARBITRARY? Various assumptions employed by mainstream economists appear to be of an arbitrary nature. The assumptions seem to be detached from the real world. For example, in order to explain the economic crisis in Japan, the famous mainstream economist Paul Krugman employed a model that assumes that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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