http://carlos9900.wordpress.com/2009/07/06/end-of-economic-crisis-you-choose/ Phd student shares ideas about Economic Geography, Entrepreneurship and Local Development Mon, 14 Dec 2009 19:41:04 +0000 http://wordpress.com/ hourly 1 http://carlos9900.wordpress.com/2009/07/06/end-of-economic-crisis-you-choose/#comment-140 euandus2 Mon, 14 Dec 2009 19:41:04 +0000 http://carlos9900.wordpress.com/2009/07/06/end-of-economic-crisis-you-choose/#comment-140 With time, I believe the mathematical "problem solving" orientation of twentieth-century economics will be viewed as piece-meal and insufficient, especially as we look at the viability of the market-mechanism itself in the wake of the financial crisis. Relatedly, Samuelson's "mathematization" of economics treats the discipline as though it were a science--ignoring the inherent limits to prediction of a human system, whether social, political or economic. For more, pls see http://euandus3.wordpress.com/2009/12/14/paul-samuelson-the-20th-century-economist-has-passed/ With time, I believe the mathematical “problem solving” orientation of twentieth-century economics will be viewed as piece-meal and insufficient, especially as we look at the viability of the market-mechanism itself in the wake of the financial crisis. Relatedly, Samuelson’s “mathematization” of economics treats the discipline as though it were a science–ignoring the inherent limits to prediction of a human system, whether social, political or economic. For more, pls see http://euandus3.wordpress.com/2009/12/14/paul-samuelson-the-20th-century-economist-has-passed/

]]> http://carlos9900.wordpress.com/2009/07/06/end-of-economic-crisis-you-choose/#comment-105 Jason Tue, 07 Jul 2009 04:09:12 +0000 http://carlos9900.wordpress.com/2009/07/06/end-of-economic-crisis-you-choose/#comment-105 Yeah the "worst is over" but things still aren't improving. Yeah the “worst is over” but things still aren’t improving.

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