Friday, July 4, 2014

Lars Syll — Keynes on the use of mathematics in economics



Lars P. Syll’s Blog
Keynes on the use of mathematics in economics
Lars P. Syll | Professor, Malmo University

It's the assumptions, stupid.

See also Krugman on the relevance of the history of economic thought on the failure of the mainstream to foresee impending crises based on the (false) assumption that uncertainty is reducible to risk.

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