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To: Neocon who wrote (14282)9/3/1999 4:12:00 AM
From: GUSTAVE JAEGER  Read Replies (2) | Respond to of 17770
 
I concur with you --insofar as some Marxist advocates would raise their political philosophy to a scientific status, which is ludicrous to say the least.... Social sciences (such as sociology, psychology, and economy, e.g.) should not challenge hard/pure sciences (in French: les sciences dures or les sciences exactes) such as mathematics, physics, or biology. There is no deterministic process that can be experimentally repeated in any human science anyway, only loose patterns whose alleged recurrence provide our would-be hard scientists a veneer of rationality. Surely, economists and financial gurus are among the most conceited "bogus doctors" on the loose in social sciences.... Behind their matter-of-fact analysis of so-called "rational expectations", there's nothing more than a trite behaviorism. Indeed, if you're looking for a prize bogus science, then go for economic "science"!



To: Neocon who wrote (14282)9/3/1999 7:31:00 AM
From: MNI  Read Replies (1) | Respond to of 17770
 
... there are kinds of bogus science that do effect the gold standard ... :-)

long version, to reduce likeliness of misunderstanding: if alchemy worked it surely would effect the stability of the gold price (and the average price as well) :-). Now, even when it is a fact that there are no ways to produce gold that are cheaper than digging for it (the nuclear scientist's way of producing gold is more expensive than mining) some TALK about ways to produce gold can effect the gold price.

Regards MNI.