Archivio per 19 luglio 2016

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16

Economic Theory as Ideology

See on Scoop.itBounded Rationality and Beyond

Ideology and Science are diametrically opposed to each other. An ideology is a set of beliefs that is maintained even in face of strong empirical evidence to the contrary. In sharp contrast, scientific theories are judged primarily according to their ability to explain the empirical evidence. Theories which conflict with observations are rejected. This does not mean that ideology is necessarily wrong or bad – we must maintain our belief in justice, morality, honesty, trust, integrity without any empirical evidence; indeed, even when strong empirical evidence suggests that these beliefs will not bring us popularity or personal benefits. However, ideological beliefs in wrong ideas can blind us to the facts and prevent learning which is essential to progress. Nobel Laureate Joseph Stiglitz remarked that modern Economics represents the triumph of ideology over science. This essay explains the reasons for his remarks..

See on linkedin.com

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19
Lug
16

On the quality of emergence in complex collective systems

See on Scoop.itBounded Rationality and Beyond

On the quality of emergence in complex collective systems.

Abstract A number of elements towards a classification of the quality of emergence in emergent collective systems are provided. By using those elements, several classes of emergent systems are exemplified, ranging from simple aggregations of simple parts up to complex organizations of complex collective systems. In so doing, the factors likely to play a a significant role in the persistence of emergence and its opposite are highlighted. From this, new elements for discussion are identified also considering elements from the System of Leibniz.

See on arxiv.org




Time is real? I think not

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