• wonderingwanderer@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    12
    ·
    3 hours ago

    I keep calling it a pseudoscience.

    Someone told me that I “don’t know what a pseudoscience is” and that I was “using the word wrong.”

    No. No, I know what it is, and I used it precisely the way I meant it.

    Wayyy too many people think classic economic theory is a legitimate field…

    • kernelle@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      1
      ·
      48 minutes ago

      It’s definitely just Maths with feelings sprinkled on top.

      If you read a book by any investor they’ll talk about the irrationality of the market. They’ll say how daytrading should be mathematically impossible, but admit how some people do profit a lot from it.

      I wouldn’t call it pseudoscience, because it’s like mixing maths with psychology.