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Old October 1st 08, 09:52 PM posted to rec.radio.amateur.antenna
Richard Clark Richard Clark is offline
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First recorded activity by RadioBanter: Jul 2006
Posts: 2,951
Default Equal Librium Makes the News (a prescription for any problem)

On Wed, 01 Oct 2008 13:37:01 -0700, Richard Clark
wrote:

taken from:
This Economy Does Not Compute
http://www.nytimes.com/2008/10/01/op...01buchanan.htm

I should have read to the end before posting. Such a gold mine of
topicality that can be applied to the navel gazers here who demand
absolute "proof."

Something of the attitude of economic traditionalists
spilled out a number of years ago at a conference
where economists and physicists met to discuss
new approaches to economics.
As one physicist who was there tells me,
a prominent economist objected that the use of
computational models amounted to "cheating"
or "peeping behind the curtain," and

-tada!-
that respectable economics, by contrast,
had to be pursued through the proof
of infallible mathematical theorems.


73's
Richard Clark, KB7QHC