[quantumgarbage]

Sure, that does not mean all models are equal.

Economics both describe and prescribe, so those models should be evaluated on their predictive power and on whether they have actually done any good.

[JumpCrisscross]

> that does not mean all models are equal

Sure. Nobody claimed that. I’m just pointing out that being upset that a model makes assumptions is nonsense.

[quantumgarbage]

We are questioning the assumptions themselves, not the act of making them.

(I don't feel like anyone is upset?)