Economics Has a Math Problem
By Noah Smith
A lot of people complain about the math in economics. Economists tend to quietly dismiss such complaints as the sour-grapes protests of literary types who lack the talent or training to hack their way through systems of equations. But it isn't just the mathematically illiterate who grouse. New York University economist Paul Romer -- hardly a lightweight when it comes to equations -- recently complained about how economists use math as a tool of rhetoric instead of a tool to understand the world.
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