There has been a large shift in academic fields (economics, political science, business) toward empirical research relative to theoretical or model-building research, which is valuable for measuring exact effect sizes but has a cost: empirical work takes the world as it is and cannot explore how different institutional designs or mechanisms might produce better outcomes.
causalpending
Speaker
Scott PageEvidence Quote
“however that's taking the world as it is and one of the really cool things about models are trained by these people who did mechanism design it's thinking about can we based on our understanding about people tagged redefine the world [33:17]”
Source
Mental Models for complexity | Scott Page and Shane Parrish | The Knowledge Project #55— The Knowledge Project PodcastCreated: 8/10/2026, 11:30:19 PM
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