From what we have been told, what makes science science is the ability to perform controlled experiments to verify or reject hypotheses. However due to the nature of economics and the fact that there are far too many factors like sociology and psychology to control for, it’s impossible to do controlled experiments in the economy. Why is it considered a branch of science?
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>From what we have been told, what makes science science is the ability to perform controlled experiments to verify or reject hypotheses.
There fact is that this is just wrong. In medicine, for instance, only a small part of the scientific literature is randomized controlled trials.
Besides, you can very well run experiments in economics, only most of the time it would be microeconomics.
I guess in high school I was also taught of the “scientific method” and controlled experiments were given as the primary example and it may have sounded a bit like that was the definition of science. There’s no such clear cut definition of science.
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