I remain to be convinced that economists can, in general, intelligently contribute to economics. At least physics gets results...
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Hayek, Keynes, et al discussed the economics - the models, the math.
Einstein here makes a political argument, complete with hand-waving about how economics can't be used to judge his position because it's so last-wave.
This is the political version of Linus Pauling and vitamin C .
Quit pointing out that Einstein was wrong. Thats obvious. The point is that a physicist can contribute to economics. Had the original poster simply pointed out the flaws of socialism, this discussion would never had taken place.
Edit: original poster = I mean the guy who said JM Keynes on QED - had he pointed out socialism flaws this discussion would have never taken place.
"Quit pointing out that Einstein was wrong. Thats obvious."
Please point that out to the people trying to sleaze in the claim he was right. :)
"The point is that a physicist can contribute to economics."
To quote another physicist, you're not even wrong!
"ad the original poster simply pointed out the flaws of socialism, this discussion would never had taken place."
Well no - gnosis apparently would have never submitted this, judging by some of his other remarks.
Someone should submit a link of an example; this does not do so any more than a blog rant about the "global warming hoax" contributes to climatology.
The deficiencies in my college preparatory training were
quickly made up, and at age 19, I received a B.S. in
Physics with highest honors.
I continued my studies in physics as a graduate student
at Minnesota, but was strongly attracted to the study of
human behavior.
http://nobelprize.org/nobel_prizes/economics/laureates/2000/...The only thing you've helped prove, as requested, is that there are far better stories about physicists and economics to submit here than a political essay by Albert Einstein. :)
Einstein is championing a system shown not to work. Why should I spend any more time refuting that in 2010 than I would trying to counter some old essay by an economist on the luminiferous aether?
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