And in physics class they teach that all planes are frictionless. Please don't d... | Hacker News

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		ataggart on Nov 14, 2010 \| parent \| context \| favorite \| on: The irony of the US economy: no jobs and no one to... And in physics class they teach that all planes are frictionless. Please don't disparage an entire field of inquiry simply because you either had a crappy econ class, or missed the point of simplifying assumptions.

neworbit on Nov 14, 2010 [–]

Hahaha point for you as regards physics.

Econ is always a coarse model. Trends or microexplanations. The "invisible hand" is not a steady one.

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