I am a businessman, owner of several types . Contractor as well as retail business including propertiy rentals.
My question is how do economist look at the same numbers and come up with different opinions? I assumed numbers were inert. Until common core you did basic math using same method of execution.
My question gets to the political nature as I watch economist, mostly academia ,spouse view points that differ in method to obtain an end.
Is it just subjective bias / variables that one injects into economic model to influence a wanted result as opposed to a real life execution of real fiscal design?
In other words, isnt there a truth in fiscal math or does the use of economics manipulate it?
Thanks
My question is how do economist look at the same numbers and come up with different opinions? I assumed numbers were inert. Until common core you did basic math using same method of execution.
My question gets to the political nature as I watch economist, mostly academia ,spouse view points that differ in method to obtain an end.
Is it just subjective bias / variables that one injects into economic model to influence a wanted result as opposed to a real life execution of real fiscal design?
In other words, isnt there a truth in fiscal math or does the use of economics manipulate it?
Thanks