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Cultural differences exist where nuance is lost in (google) translation, sure, but math is math.
by dghlsakjg 3y ago
Cultural differences exist where nuance is lost in (google) translation, sure, but math is math.
- roenxi 3y agoEconomic policy isn't math though, is about what a rational decision maker would do. We can model some parts of that using mathematics, but large parts are hooked up to the local legal framework. Take US student loans for example - the market doesn't make any sense unless you are aware of the special rules around bankruptcy. In fact, the entire US lending market doesn't make sense unless you know about bankruptcy and bankruptcy law is by no means a safe basic assumption.