Comment by 331c8c71

5 hours ago

Modelling isn't the higher intellectual pursuit it's made out to be. Imo designing theoretical models post-hoc to "support" a desired conclusion is not unheard of in econ/finance.

The 2019 economics prize went to empirical research.

The non-mainstrean economists (aka heterodox, aka cranks) are usually more obviously pursuing an agenda, but they definitely usually don't have better empirical evidence.