Another day, another invocation of the false dichotomy fallacy.
If the truth isn't somewhere in the middle, then by definition it must be on one of the two extreme edges. That's a pretty bad (and ironic) fallacy to commit, unless you think everything in this world (or at least all regulations) are binary (either perfect or completely worthless)
Not even in one dimension. But that is obviously also a categorization/composition issue and therefore subject to other, potentially fallacious and accordingly named, pitfalls.
> If the truth isn't somewhere in the middle, then by definition it must be on one of the two extreme edges.
Just because accurate results aren't to be found "somewhere (unspecific!) in the middle" doesn't mean that one a) finds them precisely in the (extreme) edges, or fringes, and b) that the middle is completely excluded, especially in the analysis and comparison of dynamic systems (e. g. macroeconomic analysis).
If the truth isn't somewhere in the middle, then by definition it must be on one of the two extreme edges. That's a pretty bad (and ironic) fallacy to commit, unless you think everything in this world (or at least all regulations) are binary (either perfect or completely worthless)