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]]>– It doesn’t predict human behavior – it doesn’t say anything within a hundred miles of “87% of prisoners will defect because math said so.”

– Nor could it, ever. It could only ever hope to be right now and then by accident.

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]]>It is obvious that this is beating a dead horse. SO instead of going round and round on the same ones, then why don’t you offer a different mathematical proposition that we should accept that we have not discussed.

I’m asking for a correct mathematical economic proposition. Just one other single example of an equation capable of predicting economic outcomes. One example of what the Austrians say can’t exist and everyone else insists is all around us.

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