tag:blogger.com,1999:blog-6245381193993153721.post6457212360769262167..comments2024-03-17T00:23:24.896-07:00Comments on Social Democracy for the 21st Century: A Realist Alternative to the Modern Left: The Problem with Pure MathematicsLord Keyneshttp://www.blogger.com/profile/06556863604205200159noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6245381193993153721.post-13674876847015175572013-12-14T19:04:51.456-08:002013-12-14T19:04:51.456-08:00Notice the quotation marks used by J.M. Keynes on ...Notice the quotation marks used by J.M. Keynes on the word "mathematical". Alfred Marshall's most famous pupil read Mathematics at King's College and wrote a fellowship dissertation on the subject that was supervised by Bertrand Russell, Alfred North Whitehead, and William Ernest Johnson.Blue Aurorahttps://www.blogger.com/profile/02044362251868221897noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-67948906574412131912013-12-14T05:40:13.765-08:002013-12-14T05:40:13.765-08:00Pure mathematicians often have the attitude that u...Pure mathematicians often have the attitude that uselessness is a virtue for their work. Some have gotten annoyed when people find a use for their work afterwards.Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-56154989763131720382013-12-13T14:01:37.922-08:002013-12-13T14:01:37.922-08:00"Why neoclassical economics is not a science ..."Why neoclassical economics is not a science — the ultimate argument- by Lord Keynes"- Lars P Syll<br />http://larspsyll.wordpress.com/2013/12/13/why-neoclassical-economics-is-not-a-science-the-ultimate-argument/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-13779136679931981002013-12-13T10:44:58.999-08:002013-12-13T10:44:58.999-08:00"Such is the nature of many mathematical mode..."Such is the nature of many mathematical models in neo-classical economics......"<br /><br />And thus, still relevant after 80 years:<br /><br />"Too large a proportion of recent 'mathematical' economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols"<br /><br />Keynes GT 298<br /><br /><br />Our anti-math Austrian friends, with their own idiosyncratic system, have of course shown to us that even no math is needed to lose sight of the complexities of the real world...Constancenoreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-84765305612901732672013-12-13T09:42:55.292-08:002013-12-13T09:42:55.292-08:00I thought that Rothbard was the otherway around: r...I thought that Rothbard was the otherway around: reality has no relevance to economics.Mordanicushttps://www.blogger.com/profile/02555552511541697014noreply@blogger.comtag:blogger.com,1999:blog-6245381193993153721.post-41515899930694495342013-12-13T08:59:21.122-08:002013-12-13T08:59:21.122-08:00You sound like Rothbard today.
The proof of the p...You sound like Rothbard today.<br /><br />The proof of the pudding is in the eating surely. A model, for that is what these are, can have simpl;ified assumptions if it cranks out good predictions. Ken Bhttps://www.blogger.com/profile/12976919713907046171noreply@blogger.com