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Uploaded by on Jan 31, 2007

The truth about economics

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  • @luffis1985 Many Mathematicians have won nobel prizes in Economics.

  • @PleomaxDVDRW That's because in upper level...economics using more Math than any Physics, Engineering, Chemistry, Finance etc...the basic things like multivariable Calculus, linear algebra or differential equations aren't even worth mentioning..its pretty much applied Mathematics.

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  • @G0ttaBeFresh "Just because one thing is more complex than another doesn't mean it's not science."and i agree but the claim was that economics is the most complex of all and this is nonsense.And economics is a part of social science.i would say real science is waht goes under Natural Science.Economics deals with a made up system ..Look what other fields go under Social science " History " , "Law " this are not science...the same way is economics not real science

  • @thelion2430 You mean neurology? The study of how people produce and distribute resources is economics. I guess it could be a sub category of social science but science simply means knowledge. Garbology for example is the science of waste management. Just because one thing is more complex than another doesn't mean it's not science.

  • @G0ttaBeFresh are you too retarded :D for example the scientist who study the human brain work in a field that is almost to infinity complex ..have you even seen lectures about such hard fields..claiming this bullshit about economics get lost :D economics is for children

  • @A3r03c0n5 wtf are you talking about :D " That's because in upper level...economics using more Math than any Physics, Engineering, Chemistry"...are you stupid ?? pls people dont make ignorant claims ...economics using more Math than any Physics, Engineering, Chemistry omg you even know what you are claiming here :D you even know what is done in Physics and Engineering...in case you want claim something back..pls show evidence for your claim or dont even start to respond :D

  • @PleomaxDVDRW ... only that there is no such thing as the Nobel Prize in Economics, there is only the "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel".

  • I emailed this to my economics professor. He was not amused.

  • @A3r03c0n5 You know its funny that Pleaomaxdvdrw says econmics uses more math than any physics. SO tell me than why my physics requires Calculus 1 and people who can barely pass algebra are in my economics elective. Engineering for the win ^.^

  • HAHAHAAAAAAAA! Economics! Who needs that?

  • lol, its funny, any maybe its true. its a grey area, i ll give you that, but IMO the most revolutionary idea in the history of humanity is .... not the idea of using tools ... not the idea of using fire ... not the idea of using the wheel ... but the idea of money... and with the birth of money came the birth of advanced civilization and economics. its just that adam smith formalized it, streamlined it. without economics ... none of the advancements in science would be possible.

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