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I find it entertaining that you simultaneously critique the lack of rigor and also complain about economists making the math rigorous. The point of proofs, sim
by yummyfajitas 11y ago
I find it entertaining that you simultaneously critique the lack of rigor and also complain about economists making the math rigorous.
The point of proofs, simulations, and the like, is to make sure that your model is at least internally consistent and your assumptions actually yield the results you think. A lot of times models specified with vague verbiage don't even do that.