I had a growing feeling in the later years of my work at the subject that a good mathematical theorem dealing with economic hypothesis was very well unlikely to be good economics: and I went more and more on the rules - (1) Use mathematics as shorthand language, rather than as an engine of inquiry.
Quote of the Day 8-3-2016
I had a growing feeling in the later years of my work at the subject that a good mathematical theorem dealing with economic hypothesis was very well unlikely to be good economics: and I went more and more on the rules - (1) Use mathematics as shorthand language, rather than as an engine of inquiry.