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We shouldn’t pretend that economics is a pure science

We shouldn’t pretend that economics is a pure science

Australia’s prime minister Malcolm Turnbull recently commented that when it comes to Australia’s energy supply: “policymakers have put ideology and politics ahead of engineering and economics”. It’s not uncommon for a politician to accuse other politicians of being subservient to ideology on some issue. But to couch this accusation in terms of a choice between…