from Lars Syll Mainstream economic theory today is still in the storytelling business, whereby economic theorists create mathematical make-believe analogue models of the target system — usually conceived as the real economic system. This mathematical modelling activity is considered useful and essential. To understand and explain relations between different entities in the real ...
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Real-World Economics Review Blog: Real-World Economics Review Blog | Posts are by authors of papers published in the RWER. Anyone may comment.