also the empirical verification is also can be usefulness as mathematical models as the real life and economic process is unpredictable and changes. So the conclusion we could not use it to enforce policies in reality.
This is such an arrogant statement to make. Mathematics has much more utility in a hard science such as Physics. The softer sciences, such as the social sciences, have much more difficulty achieving empirical truths because humans add an additional layer of unpredictability.
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So much useful information and explanation in very simple language! I, as a non-English-speaking person, understood. Thanks.
Very clear. Thanks for sharing!
also the empirical verification is also can be usefulness as mathematical models as the real life and economic process is unpredictable and changes.
So the conclusion we could not use it to enforce policies in reality.
Awesome.
Great video!
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4:10
I suggest you leave economics and Samuelson alone. Your video was just a waste of time. Mathematics show the soundness of economic analysis.
This is such an arrogant statement to make. Mathematics has much more utility in a hard science such as Physics. The softer sciences, such as the social sciences, have much more difficulty achieving empirical truths because humans add an additional layer of unpredictability.