Comment by lanfeust6
This is completely false. The opposite is true. Economics had drastically improved reproduction over decades.
This is completely false. The opposite is true. Economics had drastically improved reproduction over decades.
https://pubmed.ncbi.nlm.nih.gov/32874648/ -- "they expect replication rates to differ between fields, with the highest replication rate in economics (average survey response 58%), and the lowest in psychology and in education (average survey response of 42% for both fields). "
https://replicationnetwork.com/2021/01/06/reed-the-state-of-... -- "indeed, there has been an increase in the number of replications over time. "
https://www.banque-france.fr/en/publications-and-statistics/... -- "First, we find a moderate replication success, in spite of a data availability policy."
Not really, they're claiming a positive, I'm claiming a negative. The burden of proof is on them. The failure of neoclassical economics has also been widely discussed, especially following 2008, so it's a claim about the status quo.
But since you asked, here's an accessible overview: https://francescosyloslabini.info/2016/06/01/neoclassical-ec...
Please provide some proof that neoclassical economics has done this.