Comment Re:Computers can't model macroeconomics (Score 1) 184
I don't see how anything you've said implies that computers can't model macroeconomics. The kind unstable behaviour you're describing certainly limits the accuracy, but instabilities can definitely be predicted too. It's not as futile as you seem to be making out.
And another thing - people's sense of wealth and understanding of risk isn't something that should need to be modeled, those two things would be something that you would infer from the results/state.