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submitted 3 months ago by cm0002@infosec.pub to c/whitepeopletwitter@sh.itjust.works

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[–] agamemnonymous@sh.itjust.works 3 points 3 months ago (2 children)

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.

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[–] rockerface@lemmy.cafe 1 point 3 months ago (1 child)

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

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[–] TubularTittyFrog@lemmy.world 0 points 3 months 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.

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