Limitations of the “Science” of Economics

From Nobel Prize winner Friedrich A. Hayek’s “Pretence of Knowledge” Speech. “Unlike the position that exists in the physical sciences, in economics and other disciplines that deal with essentially complex phenomena, the aspects of the events to be accounted for about which we can get quantitative data are necessarily limited and may not include the important…

Science 2.0

The Scientific American magazine has an interesting article (“Science 2.0“) about the web, open-access, blogging and research. Should researchers post their results online? Should scientists blog about their methodology? Pros It seems like academic research is the perfect forum for social networking and blogging. The sharing of ideas is a key means towards scientific invention/innovation.…