by Economists and conservatives said that raising the minimum wage would cost jobs, but when Seattle raised the minimum wage more jobs were created. Does this phenomenon fit into the economists equations?Physicists say the universe can be explained by maths, but a documentary I recently watched said that not everything in the universe can be explained by mathematics, maybe because some things are far too complicated.The weather, the stock market, and even boiling water are too complicated for mathematics to describe, they said in the documentary - I guess they mean predicting where the bubbles will occur in boiling water. It seems that the economy could also be far too complicated for mathematics to fully describe. [embedded content]
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Physicists say the universe can be explained by maths, but a documentary I recently watched said that not everything in the universe can be explained by mathematics, maybe because some things are far too complicated.
The weather, the stock market, and even boiling water are too complicated for mathematics to describe, they said in the documentary - I guess they mean predicting where the bubbles will occur in boiling water. It seems that the economy could also be far too complicated for mathematics to fully describe.