James Mirrlees - Mathematics and Real Economics

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  • เผยแพร่เมื่อ 5 ต.ค. 2024

ความคิดเห็น • 6

  • @sfjeff1089
    @sfjeff1089 12 ปีที่แล้ว +3

    Instead of saying mathematics is an attempt to state what is true and is sometimes successful and relevant, I would tend to say that mathematics is a way of saying that the conclusions you are drawing are at least as true as the assumptions that you start with if you do it well. Mathematics does not care if you resolve this by concluding that the conclusion is true or that an assumption is false, either is equally good.

  • @709mrd
    @709mrd ปีที่แล้ว +1

    R.I.P Jim, I worked for him for many years.

  • @sfjeff1089
    @sfjeff1089 12 ปีที่แล้ว +2

    @sfjeff1089 This is an important concept to keep in mind because sometimes learning your assumption space and where you can apply a certain type of math and when you can't is frequently the most important and useful aspect of a certain part of math education you can undertake.

  • @oracleofottawa
    @oracleofottawa 10 ปีที่แล้ว +1

    James Mirrlees - Explains why 'free markets' may not always be optimal..

  • @davidwilkie9551
    @davidwilkie9551 2 ปีที่แล้ว

    Precision is not Accuracy
    QM-TIME AM-FM Communication In-form-ation is probabilistic, complicated and messy.
    Language should be used by Medical Practitioners who have the motto, First do no harm, and in as Diplomatically as possible under the circumstances.
    Models are not necessary when thorough Accounting is carried out. Reasons are adjusted to, theories are obfuscation if not tested and been accounted in the complete context, not only in abstractions. Etc, etc.
    Ie QM-TIME Communication includes Quantum-fields Mechanism Holographic Principle Imagery in pure-math relative-timing ratio-rates Perspective.

  • @oldPrince22
    @oldPrince22 6 ปีที่แล้ว

    R.I.P.