For instance, there’s no scientific “answer” to whether minimum wage causes more unemployment because it’s not a simplistic, binary question. It depends on a wide variety of social factors that are largely untestable, unfalsifiable, etc. The question itself is based on deep ideological assumptions (eg. it’s desirable for people to be even more used/employed).
The issue of living wages is a social issue around basic human needs. Many and maybe most economists are paid precisely to justify the denial of human needs. That’s what econ is really about. So there will never be any consensus on this phony “issue”.
Is there a scientific “answer” to whether alcohol causes prostate cancer? That too depends on a wide variety of social factors and can be biased by ideological assumptions (eg drinking alcohol is a vice).
Nevertheless biologists develop competing models, use them to form hypotheses, test the hypotheses, subject the results to peer review, and revise their models to arrive at a consensus. Economists do all the same things.
Here’s the thing: Economics is not a science.
For instance, there’s no scientific “answer” to whether minimum wage causes more unemployment because it’s not a simplistic, binary question. It depends on a wide variety of social factors that are largely untestable, unfalsifiable, etc. The question itself is based on deep ideological assumptions (eg. it’s desirable for people to be even more used/employed).
The issue of living wages is a social issue around basic human needs. Many and maybe most economists are paid precisely to justify the denial of human needs. That’s what econ is really about. So there will never be any consensus on this phony “issue”.
Is there a scientific “answer” to whether alcohol causes prostate cancer? That too depends on a wide variety of social factors and can be biased by ideological assumptions (eg drinking alcohol is a vice).
Nevertheless biologists develop competing models, use them to form hypotheses, test the hypotheses, subject the results to peer review, and revise their models to arrive at a consensus. Economists do all the same things.