Re: zero average profit

From: Ian Wright (ian_paul_wright@HOTMAIL.COM)
Date: Thu Jun 12 2003 - 12:40:01 EDT

Hello Michael,

"Violence" is a physical attack. A scientific abstraction isn't.

Of course a model can fit some empirical data and still be wrong.
If that were not the case, scientific work would simply be the
application of machine learning to data sets.


Michael wrote:

>The question is what violence is done to the phenomena in transferring a
>from statistical mechanics to social phenomena of exchange (apart from the
>question of what violence is done to the physical phenomena by modelling
>with statistical mechanics).
>The empirical correctness of a model has nothing to do with truth.

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