Last week, Donald Trump did more than ruffle feathers as the rich and powerful met for their annual get-together in the Swiss mountain retreat. His tariff threats over Greenland finally awakened world leaders from their slumber. Seemingly, they have now realised that Trump can’t be ‘managed’ after all, and he represents a fundamental break in […]
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A few years back, I had an interesting discussion over at the Real-World Economics Review Blog with Paul Davidson on ergodicity and the differences between Knight and Keynes concerning uncertainty. It all began when I commented on Davidson’s article Is economics a science? Should economics be rigorous? : LPS: Davidson’s article is a nice piece — but […]
The model is not . . . how one determines the soundness or otherwise of a mathematical proof; it is, rather, how one determines the reasonableness or otherwise of entries in a crossword puzzle. . . . The crossword model permits pervasive mutual support, rather than, like the model of a mathematical proof, encouraging an […]
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