Feb 262013

”I cannot persuade myself that this sort of treatment of economic theory has anything significant to contribute. I suspect it of being nothing better than a contraption proceeding from premises which are not stated with precision to conclusions which have no clear application … [This creates] a mass of symbolism which covers up all kinds of unstated special assumptions.” John M Keynes om matematisk ekonomi; rätt politik går inte att räkna fram, är kanske en enkel tolkning.

 Posted by at 5:19