Economath Fails the Cost-Benefit Test - Econlib

Paul Krugman responds to Noah Smith’s tale of disillusion with mathematical economics:

I share much of his cynicism about the profession, but I think he’s missing the main way (in my experience) that mathematical models are useful in economics: used properly, they help you think clearly, in a way that unaided words can’t.

Author: Nix build user

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