Economics. Dismal Science?

This entry was posted by Monday, 30 March, 2009
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BlastingThruDgDr copyDr. Bella Luna, World Economics Chair at the London School of E.


DNA shmee-n-a. Particles shmarticles. This is the year of the buck.

Biology, physics, all the rest are taking a back seat to economics this year. The “Dismal Science” is crowding everything out as the public tries to figure out how we got into this “mess” and how we get out.

Economics. That’s a science right? Dismal. But science?

To answer this vexing and, sometimes, elusive question, I talked with someone who should know. When you think of science, who do you think of first? Bella Luna, of course. London School of E. Dr. Luna’s work, “The Cosmological Constant of The Political Economy”, is still regarded as the seminal work in this field. I asked Dr. Luna for a few minutes of her time.

“Ugh! You want to cover economics on a blog about science?”

“No huh? So economics doesn’t qualify as serious science?”

“It does.”

“It DOES?”

“Sure. A scientific proposition merely has to be capable of being proven false. That applies. There’re plenty of assertions about economics that can be shown to be wrong. In fact, practically all of them are wrong.” Dr. Luna, searching in her drawer for a grooming comb, blinked at me. “They call it dismal because we can’t DO much about the big stuff like the economy. ”

“ECONOMICS can’t do anything about the ECONOMY?”

“Can meteorologists do anything about the weather? Do we call weather forecasting the dismal science? Heck no. Because they’re on TV all the time with blond hair and neat blazers. And they have interactive maps. ”

“But if economists can’t do anything about the economy, what good are they?”

“What good are cosmologists? In fact, what good is this crappy blog of yours? ”

Dr. Luna was getting a little heated up so I thanked her for her time and said we would pick up this matter another time.

Tentative conclusion: Economics shouldn’t be called the dismal science anymore.

Maybe the useless science.

CANCER CURE

A long-enduring metaphor for the unachievable has always been “Finding a cure for cancer”. And the hallmarks of cancer, itself, are its abilities to spread and to overcome our meager drugs. Of course, another hallmark of cancer, is how easily our hopes rise and fall when a new promising “breakthrough” occurs. Still, I will risk that by calling attention to two stunning developments.
Come on tumor. Make my day! , Critical understanding of metastasis .

EVACUATING TALL BUILDINGS

This is probably SO 2001, but evidently we still don’t have much scientific basis for evaluating buildings . Which reminds me, I will shortly, publish our solution for high rise evacuation (if anyone cares anymore about such things).

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