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Is psychiatry a science?

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The latest EconTalk is an interview with Louis Menand [2] on the state of psychiatry. One thing that emerges from our conversation is the parallels between macroeconomics and psychiatry. Understanding causation in a complex system is difficult. Both the brain and the economy are hard to model and it’s hard to know when an intervention has actually made a difference. Menand is a superb writer (the podcast draws on a recent review article he did in the New Yorker) and a very good talker as well.