Mainstream economics — slipping from the model of reality to the reality of the model

Created
Mon, 24/04/2023 - 19:02
Updated
Mon, 24/04/2023 - 19:02
A couple of years ago, Paul Krugman had a piece up on his blog arguing that the ‘discipline of modelling’ is a sine qua non for tackling politically and emotionally charged economic issues: In my experience, modeling is a helpful tool (among others) in avoiding that trap, in being self-aware when you’re starting to let your […]

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