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.

Comments

Popular posts from this blog

Is bad news for the Treasury good for the private sector?

What is the difference between cognitive economics and behavioural finance?

Dead rats and dopamine - a new publication