Tag Archives: theory

1. Use mathematics as a shorthand language rather than as an engine of inquiry 2. Keep to them [your models/problems] till you have them done 3. Translate to english 4. Illustrate with examples important to real life 5. Burn the … Continue reading

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@UnlearningEcon lamented the deviations-from-Pangloss framing of neoclassical economics. Normal economic theories take perfection (optimality) as a starting point and ask how real-world “market imperfections” differ from the putative abstract-free-market ideal. (That “the free market” is an abstract ideal can be verified … Continue reading

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Why is mathematics the most boring class in school?

It’s not universally agreed that mathematics is the worst subject everyone has to study in school, but I would say the agreement is close to universal. Why is it so boring? Aesthetically, I prefer non-miraculous explanations that don’t invoke unique, … Continue reading

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The seeds of my dissent from economic orthodoxy were pretty much sown for me by my 1st professor on the 1st day of my 1st economics class. This prof had gone to a great personal trouble to begin our exposure to … Continue reading

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Interesting how Austrian economists see themselves: Ludwig von Mises was a genius (obviously) a Man of the Mind — and that’s a good thing “dignified ruthlessness” seriousness … also a good thing … Serious about Reality quoting Ayn Rand is … Continue reading

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[T]he Efficient Markets Hypothesis [is] in contention for one of the strongest hypotheses in the whole of the social sciences. Strictly speaking the EMH is false, but in spirit it is profoundly true. Besides, science concerns seeking the best hypothesis, … Continue reading

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Dmitri Tymoczko — author of The Geometry of Music how to make visual representations of music (in paintings, video games, sculpture) 5 constraints on a composition that are necessary (but not sufficient) for it to sound good global statistical properties of songs … Continue reading

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