Escape from Muddle Land, Econospeak, Peter Dorman
Let’s get the up-or-down part of this review over with quickly: Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson is a poorly written, mostly vacuous rumination on mathematical modeling, and you would do well to ignore it.
Now that that’s done, we can get on with the interesting aspect of this book, its adaptation of trendy radical subjectivism for the world of modeling and empirical analysis. The framework I’m referring to goes something like this: Each of us exists in our own bubble, a product of our experiences and perspectives. Our thoughts express this subjective world, and they are true in relation to it but false beyond itsRead More »