Thursday, August 02, 2007
Physics Envy is contagious
New Element Discovered: Capitalisium by Dan Brook
Capitalist economists have long suffered from a psychological disorder known as 'physics envy' (PE). This arises from the fact that the nature of the economy is such that the only reliable way to study it involves only description and never prediction. This generates a great deal of envy among capitalist economists, who consider their colleagues in the hard science of physics and envy them their methodological tools: mathematical tools which give the physicists such strong and solid predictive potency.
Communist economists traditionally do not fall prey to PE, because they are happy with the methodological tools at their disposal, and know that their field of inquiry does not allow for physics-like prediction. Yet it seems like PE may be mutating... Here, the physics of a communist economist, revealed!