From Asad Zamzn Continuing from the previous post on The WHY of Crazy Models, I attribute a large portion of the blame to massively wrong theories of knowledge. A little bit of study of epistemology is enough to give anyone a headache. Because of this, instead of investing the time and effort to decipher what the philosophers are saying, the rest of us are willing to take it on faith. No one is aware of the massive amount of damage done by philosophers – most philosophers themselves are unaware the tremendous influence that their failures in the past have had on the real world. Similarly, the non-philosophers are unaware of how deeply their thoughts have been affected by false and obsolete philosophies, now rejected by the philosophers. Keynes summed up the state of affairs nicely in
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from Asad Zamzn
Continuing from the previous post on The WHY of Crazy Models, I attribute a large portion of the blame to massively wrong theories of knowledge. A little bit of study of epistemology is enough to give anyone a headache. Because of this, instead of investing the time and effort to decipher what the philosophers are saying, the rest of us are willing to take it on faith. No one is aware of the massive amount of damage done by philosophers – most philosophers themselves are unaware the tremendous influence that their failures in the past have had on the real world. Similarly, the non-philosophers are unaware of how deeply their thoughts have been affected by false and obsolete philosophies, now rejected by the philosophers. Keynes summed up the state of affairs nicely in his apt quote: “Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back” – While Keynes thinks that practical men of affairs are slaves of economists, I believe that the economists and social scientists are slaves of defunct philosophers, without realizing this.
In preparing this post, I decided to review the theories of knowledge, to provide a brief sketch of how epistemology went astray, allowing us to create crazy models and to consider them as an advance on knowledge. I found a . . . read more