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Classical economics is based on a false analogy with Newtonian physics. - George Soros, billionaire The better replacement is behavioral.
by contingencies 4y ago
Classical economics is based on a false analogy with Newtonian physics. - George Soros, billionaire
The better replacement is behavioral.
- paganel 4y agoBehavioral economics also gave us all that nudge non-sense, so not sure that’s a good choice, either. Economics as a whole would certainly gain from using less maths, but unfortunately I think that ship has sailed by now.
- contingencies 4y agoI agree on all points.