Lars P. Syll

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. — I will remember that I didn’t make the world, and it doesn’t satisfy my equations. — Though I will use models boldly to estimate value, I will not be overly impressed by mathematics. — I will never sacrifice reality for elegance without explaining why I have done so. — Nor will I give the people who use my model false comfort about its accuracy. Instead, I will make explicit its assumptions and oversights. — I understand that my work may have enormous effects on society...

Mainstream economics — a form of brain damage .[embedded content]It is difficult to understand why mainstream economists keep on using their unreal and irrelevant models! Sure, you get academic accolades and give the impression of having something deep and ‘scientific’ to say, but that should count for nothing if you’re in the truth business. As long as that kind of modelling output doesn’t come with the accompanying warning text “NB! This is model-based...

Svenska kulturgiganter i mitt bibliotek .

Tory trickle-down mumbo jumbo .[embedded content] Absolutely gobsmacking … This MP certainly experiences bad luck trying to think …

We must ask why economists still ignore the obvious reality that application of their standard free trade model failed to generate broad-based income gains. Why do many still turn a blind eye to the mounting evidence of the social, economic, and human costs of the globalization experiment? Some were genuinely misled by the fancy algebra. But many know their models are irrelevant. They were seduced by the surprising willingness of political leaders to believe their sophistries...

Nationalekonomer hävdar ofta — vanligtvis med hänvisning till Milton Friedman och hans metodologiska individualism — att det inte gör så mycket om de antaganden som deras modeller bygger på är realistiska eller ej. Vad som betyder något är om de prognoser som modellerna resulterar i visar sig vara riktiga eller ej. Om det verkligen är så, är den enda slutsats vi kan dra att dessa modeller och prognoser hör hemma i papperskorgen. För oj vad fel de har haft! Riksbanken har sedan...

A different way to solve quadratic equations .[embedded content] This one is for Linnea, my youngest daughter, who has now begun studying mathematics at my university 🙂

Why exam schools may reduce achievement .[embedded content]

Die Linke Zerstörer Sahra Wagenknecht .[embedded content]