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" Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious... "
Measure What Matters to Customers: Using Key Predictive Indicators (KPIs) - Página 147
por Ronald J. Baker - 2007 - 208 páginas
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Essays in Economics: Theories and Theorizing, Volumen1

Wassily W. Leontief, Wassily Leontief - 1976 - 270 páginas
...method" which "assumes strict independence between factors involved" where it should not and "allows the author to lose sight of the complexities and interdependencies of the real world." Postulates: Keynes's General Theory and the classicists "Yet after all there is no harm in being sometimes...
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A Neoclassical Analysis of Macroeconomic Policy

Michael Beenstock - 1980 - 256 páginas
...differentials 'at the back' of several pages of algebra which assume they all vanish. Too large a proportion of recent 'mathematical' economics are mere concoctions,...and interdependencies of the real world in a maze of pretentious and unhelpful symbols. [pp. 297-8] . As may be realized by glancing at page 275 of the...
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Essays in Economics: Theories, Theorizing, Facts, and Policies

Wassily Leontief - 430 páginas
...method" which "assumes strict independence between factors involved" where it should not and "allows the author to lose sight of the complexities and interdependencies of the real world." Postulates: Keynes's General Theory and the classicists "Yet after all there is no harm in being sometimes...
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Maximum-Entropy and Bayesian Methods in Science and Engineering: Volume 2 ...

G. Erickson, C.R. Smith - 1988 - 458 páginas
...proportion of recent mathematical economics are merely concoctions as imprecise as the Initial assumption they rest on, which allow the author to lose sight...and Interdependencies of the real world in a maze of pretentious and unhelpful symbols". A good example of what Keynes objected to is Slutsky's sinusoidal...
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Joseph A. Schumpeter: Critical Assessments

John Cunningham Wood - 1991 - 376 páginas
...application of their models to practical problems. He felt like Keynes that "too large a proportion of recent 'mathematical' economics are mere concoctions,...and interdependencies of the real world in a maze of pretentious and unhelpful symbols" (General Theory, p. 298). It was largely post-Keynesian writings...
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Methodological Foundations of Macroeconomics: Keynes and Lucas

Alessandro Vercelli - 1991 - 292 páginas
...shall have to make later on ... too large a proportion of recent 'mathematical' economics are merely concoctions, as imprecise as the initial assumptions...interdependencies of the real world, in a maze of pretentious and unhelpful symbols. (GT, pp. 297-8) By this criticism Keynes does not mean to rule out...
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The Growth of Economic Thought

Henry William Spiegel - 1991 - 904 páginas
...General Theory "symbolic pseudo-mathematical methods of formalizing a system of economic analysis . . . which allow the author to lose sight of the complexities...and interdependencies of the real world in a maze of pretentious and unhelpful symbols." This view. however, ran counter to the temper of the time, and...
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Idealization IV: Intelligibility in Science

Craig Dilworth - 1992 - 424 páginas
...own theory. Keynes, like Marshall, seems to have believed that much work with simple models "allows the author to lose sight of the complexities and interdependencies of the real world." 22 To understand a phenomenon is to be conscious of the richness and complexity of that reality. Keynes...
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Alfred Marshall: Critical Assessments

John Cunningham Wood - 1993 - 534 páginas
...omitting the first section of this chapter" (Keynes, The General Theory, p. 280). "Too large a proportion of recent 'mathematical' economics are mere concoctions,...and interdependencies of the real world in a maze of pretentious and unhelpful symbols" (ibid. , p. 298). Also, from Marshall: "The chief use of pure mathematics...
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John Maynard Keynes, Critical Assessment: Second series

John Cunningham Wood - 1994 - 606 páginas
...economic variables. On the subject of mathematical economics Keynes writes: 'Too large a proportion of recent "mathematical" economics are mere concoctions,...and interdependencies of the real world in a maze of pretentious and unhelpful symbols (GT, p. 298). Professor Hayek's criticisms could more justifiably...
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