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Excellent observation. In many ways, mathematization has killed many branches of not just academic economics, but practical economics as well. Just look at how
by BrianEatWorld 14y ago
Excellent observation. In many ways, mathematization has killed many branches of not just academic economics, but practical economics as well. Just look at how many failed policies in the past were driven by the false assumption that if we change X by so many units, such and such economic indicator will move by Y.