Tuesday, 15 December 2009

Sentences to ponder, Samuelson edition

From Mario Rizzo in ThinkMarkets, objecting to Samuelson's mathematical formalisation of economics:
I believe that the profession has, because of the formalistic direction in which it has traveled, more than its share of idiot savants.
Perhaps that's so. I guess Rizzo would prefer to adopt the model of some other social sciences, which are quite satisfied with ordinary idiots.

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