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Yes, economics is the most hyped pseudo-science and just because it "is mathematics, man! so it cannot be wrong...". Like Varoufakis claiming he uses "Game The
by pfortuny 12y ago
Yes, economics is the most hyped pseudo-science and just because it "is mathematics, man! so it cannot be wrong...".
Like Varoufakis claiming he uses "Game Theory...".
Wilmott has a great example of the uselessness of mathematics in the real world when it comes to things that cannot be properly modeled: "when a magician says he is going to guess the card that the person from the audience chose, what is the probability that he guesses right?"
Wrong model (or too simplistic) => absurd/uninformative conclusions.
But "they use cohomology, so they cannot be wrong".