Tuesday, August 21, 2012

Faulty premises leading to faulty analysis and policy

As issues such as the Euro crisis have shown, many analysts & commentators treat economies or societies or states as a human person.

I propose that this type of analogical analysis is flawed and thus leads to faulty policy conclusions.

Countries, economies, societies, states etc are not persons. they are systems and the suitable analysis is systems analysis. That's my view.

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