The Importance of Aversion to What's Possible

Richard Werner: I'm just fact-based, empirical. And my approach to economics is that there's actually no reason why we can't use the scientific methodology also in economics. So I call it scientific economics, which is factor of economics. If you don't study economics, you don't realize how ridiculous modern economics works because they don't use thescientific method. They argue that is scientific, but it's not used in the sciences.