I’ve been getting some comments from people who think my magazine piece was an attack on the use of mathematics in economics. It wasn’t…So by all means let’s have math in economics — but as our servant, not our master.
(Of course the point I was trying to make was that I read the end of his article as suggesting that because economics must deal with the irrational and unpredictable behavior of humans, that it must therefor be messy and beyond elegant mathematical description. I don’t buy this line of reasoning, as I think it is unknown whether the conclusion is true, but apparently, reading comments to my article, I’m the only one who doesn’t like to put his mathematics before his solution 🙂 )
But anyway, is anyone going to explain inflation without using gauge theory? (Channeling Eric Weinstein)