• agamemnonymous@sh.itjust.works
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      12 days ago

      The problem is that it’s basically impossible to isolate economic phenomena. You can conduct a gravity experiment in a vacuum tube, but you can’t make an economic vacuum tube.

      • rockerface🇺🇦@lemmy.cafe
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        11 days ago

        And yet you can still use the basic formula for gravitational movement to calculate stuff with enough precision for everyday life.

        • TubularTittyFrog@lemmy.world
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          3 days ago

          and you know the price of milk when you go to the grocery store. and next week, but you don’t know what it’s going to be a year from now

          and you don’t know it’s wholesale value, or it’s production forecasts on which milk futures are traded. etc.