No, but you can examine historical conditions with largely similar situations aside from the variable you’re studying. And you can do more limited experiments without emulating a national economy.
You can also look at “artificial” economies in games like EVE Online; I seem to recall a few economics papers coming from behavior seen there.
Yeah i try to do when explaining anything aboit economics to people. No one beloves that because it happen elsewhere is would happen here. Even something simple as lower inflation by rising interest rates.
Well tbf we cant make a replica of a national economy in lab and run experiments on it. We only have mathematical models
One would think this limitation would give economists some humility when finding conflict with other fields, but it seems quite the opposite.
No, but you can examine historical conditions with largely similar situations aside from the variable you’re studying. And you can do more limited experiments without emulating a national economy.
You can also look at “artificial” economies in games like EVE Online; I seem to recall a few economics papers coming from behavior seen there.
Yeah i try to do when explaining anything aboit economics to people. No one beloves that because it happen elsewhere is would happen here. Even something simple as lower inflation by rising interest rates.