3 ms·
> A lot of real economic models involve advanced math and differential equations. The goal here was to keep this type of mumbo jumbo to a minimum to make it mor
by mhh__ 4y ago
> A lot of real economic models involve advanced math and differential equations. The goal here was to keep this type of mumbo jumbo to a minimum to make it more easily understandable for those who like to right click view source (and more importantly to make it less work for me to build).
> mumbo jumbo
It's very efficient mumbo-jumbo, though. I've spent years learning maths, but not economics, so just show me the equations!
In fact I'm going to have a heated Lamport Moment and say that Math >>>>>> Code in matters such as this.
I have a very short attention span and this page just looks like a blur to me.
Evidence: It took me 2 skim-throughs to even spot the phrase I quote. Maybe I'm dyslexic.
- BenoitEssiambre 4y agoThis was a bit tongue in cheek. I love math too. I wish I had the time to learn the more "grown up" models like the DSGEs (https://en.wikipedia.org/wiki/Dynamic_stochastic_general_equilibrium https://en.wikipedia.org/wiki/Dynamic_stochastic_general_equ... )
- mhh__ 4y agoI gathered that was your opinion given that you actually implemented the model but one of my mantra's is basically "Calculus good actually" when it comes to programming so I thought I'd take the opportunity to propitiate.