-
I am a bit uncomfortable with this argument: does it mean other fields that don’t use maths (like sociology, anthropology or even history) stay "not smart"? One can also argue that using math is more of an aesthetic stand (positive view) or a gimmick (negative view). @zz_zigurds/1151416306396205056Permalink
♻️ 2 Retweets
❤️ 3 Favorites
Mood -1 🙁
-
I’m not even anti-math. But what about the costs of using math? For instance to have analytical solutions, you often *need* to make simplifying assumptions that will wipe out complete parts of the phenomenon, including meaningful ones – like heterogeneity.
❤️ 3 Favorites
Mood +5 🙂
-
Are we "smart" when we do that? Does it really help us to think better, more clearly or more rigorously? I’m not sure. Maybe, but maybe the costs outweigh the gains. I’m also wondering if there is other reasons to advocate in favor of math in economics (maybe there isn’t).Permalink
❤️ 2 Favorites
Mood +13 🙂