Quote Originally Posted by Thorne View Post
So let me get this straight. You're saying that economics, like religion, is all smoke and mirrors? Fantasy and fairy tales? Myth and make-believe?

That explains a lot!
hmm . . . not trying to be attacking here, but either you completely misunderstood what I said or I didn't say it very well. you missed the forest for trees.
Economics is a science. It is rather unique, however, because you can't have a real control variable. No two countries have identical economies, so what works in one may be disastrous in another. Its not like one can observe two independent timelines, one with a bailout and one without.
It's still using past behavior to attempt to predict future behavior