In a recent entry, I offered a brief, and consequently simplified explanation of why formalism in mathematics and logic per se is not the cause of the perceived (accurately in my view) lack of realism in mainstream economics. This is not to say, however, that the emphasis in mainstream economics on formal mathematical is particularly … Continue reading Further thoughts on mathematical formalism in Economics
Lars Syll, whose blog I always find well worth reading, has written an interesting short piece about the baleful influence of the Bourbaki school on economics. I agree with the main point, but I think that this raises a lot of complex issues which I want to partially wade through in this blog entry. I'm … Continue reading Is Bourbaki the enemy?