-Original Message-
From: Michael Perelman [mailto:[EMAIL PROTECTED]]
Sent: 04 March 2002 16:43
To: [EMAIL PROTECTED]
Subject: [PEN-L:23467] Re: RE: Re: Rigor mortis?
Daniel, I don't disagree with you, although the PBS television show, Nova,
did
do a pretty good job. I was asking
Daniel, I don't disagree with you, although the PBS television show, Nova, did
do a pretty good job. I was asking about the examples of models that were able
to teach something about the nature of the economy. Obviously, mathematics is
important in finance, but I'm not sure how much it can teach
Alan writes:>The problem I see with the (mainstream) economics
profession---and I suspect that this is what many people on this list
rightly object to---is the exaltation of mathematical formalism above all
else. If formal models were taken as just _one more_ tool in the economists'
toolkit then w