The pseudo-"science" of economics is one of the main reasons I dropped my
Business major in my sophomore year. The only area of study I found that
was less scientific, perhaps, was sociology -- although it was a close
race.

Well, it IS a science. Just not physics or chemistry. It determines
general principles and relationships between things.

If it were a "science" there would be "facts" and "truth" in economics.
Instead, we have "Keynesian" theory, and "Supply Side" theory, and "Trickle
Down" theory, and a hundred other theories, all attempting to provide some
sort of plausible explanation for why the very human creation called an
"economy" actually behaves the way it does.

And this is as the macro-economic level, where things are a bit closer to
science. It's a far cry from physics, chemistry or pure mathematics.

And a the micro-economic level, you might as well toss the bones, or read
your tea leaves -- you'll be just as accurate at predicting the future.

The rest of your points are well taken, however.

(It's MONEY that makes a plane fly, BTW... ;-)
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"