Thursday, December 3, 2015

Jason Smith — Please don't help

Call me old-fashioned, but mathematical skills are best taught in math class. And if the content of the models doesn't matter (and even economists don't believe them), why not teach some models without flaws that are actually pretty accurate that are believed by their practitioners ... like undergraduate physics. Have one of these people teach how to build and use models!

Why has economics taken upon itself to teach undergraduates how to use models and derive them from assumptions? No offense, but economics is the last field that comes to mind for this task. Especially since economists tend to sneak political bias in with those assumptions ...
Information Transfer Economics
Please don't help
Jason Smith

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