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GhostOnTheHalfShell OP ,
@GhostOnTheHalfShell@masto.ai avatar

@economics@a.gup.pe
@academicchatter

“ Sharpe continued with a half-hearted defence of these manifestly false assumptions, using a distorted rendition of Friedman's methodological claim that a theory cannot be tested by its assumptions (Friedman 1953):

.. However, since the proper test of a theory is not the realism of its assumptions but the acceptability of its implications,..”

really, wrap your heads around mainstream economics dept. They count themselves scientific

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