by Summary:
The construction of theoretical models is our way to bring order to the way we think about the world, but the process necessarily involves ignoring some evidence or alternative theories – setting them aside. That can be hard to do – facts are facts – and sometimes my unconscious mind carries out the abstraction for me: I simply fail to see some of the data or some alternative theory. Robert Lucas And that guy even got a ‘Nobel prize’ in economics …
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Lars Pålsson Syll considers the following as important: Economics
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The construction of theoretical models is our way to bring order to the way we think about the world, but the process necessarily involves ignoring some evidence or alternative theories – setting them aside. That can be hard to do – facts are facts – and sometimes my unconscious mind carries out the abstraction for me: I simply fail to see some of the data or some alternative theory. Robert Lucas And that guy even got a ‘Nobel prize’ in economics …
Topics:
Lars Pålsson Syll considers the following as important: Economics
This could be interesting, too:
Lars Pålsson Syll writes Schuldenbremse bye bye
Lars Pålsson Syll writes What’s wrong with economics — a primer
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Lars Pålsson Syll writes Finding Eigenvalues and Eigenvectors (student stuff)
The construction of theoretical models is our way to bring order to the way we think about the world, but the process necessarily involves ignoring some evidence or alternative theories – setting them aside. That can be hard to do – facts are facts – and sometimes my unconscious mind carries out the abstraction for me: I simply fail to see some of the data or some alternative theory.
And that guy even got a ‘Nobel prize’ in economics …