nothing can be regarded as absolutely true

Cringe

i'd define science as any field of study that strives to provide objective facts and understanding

not cringe, literally true

I will beat up every analytical philosopher

@Draško Objective truths do not exist in economics

Humans cannot understand objective facts so

Supply and Demand are not objective for example

Guess science doesn't real

History isn't always written by the victor

Depends on how much the victor pushes it

i'm sure that there's no objective truths being pushed in economics

@Siegfriedolin That just adds more chaos to the truth

but what is a fact is that there exists a potential best economic system

@Draško Ask that to a free market lunatic

History isn't exactly neat

@Draško Incorrect

on what basis?

Because it would depend on what the national goal is

you're right

but i mean if we ignore morals and everything else

there's an objectivelly system that produces the most revenue when applied

At that point you're ignoring things

Which makes it not objective

Trading one thing in a circle forever

no, i'm not ignoring physical things, i'm ignoring objectives

Which is disingenuous

because obviously economists will also consider morals

not disingenuous

No they don't lmao

We can see that clearly in America

socialism is literally based on the idea that it's moral for the working class to hold the capital

I mean 'economists' will engage in morals along the lines of pushing a liberal humanism as a method of maintaining the capitalist status quo

"The Magic Rectangle" of Economics is pretty morally based

Why is high employment even good?

@Draško It all depends on the national goal

Well, depends on your goals

Thus a singular best economic system does not exist

And cannot exist

And it depends on a plethora of other factors

If you want everyone to have a decent living, then high employment is good, but that means that starting up new businesses is harder as there is less of a reserve army of labor

Some nations have many natural resources