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The usual way to protect a scientific discussion from the factionalism of academic politics is to exclude people who […] Paul Romer says: "No model can have a competitive equilibrium with price-taking behavior and partially excludable nonrival goods. If you are not an economist, this would be a model in which someone who has a monopoly on an idea can charge for its use, but somehow is unable to influence the price that users have to pay, which should sound implausible at least. Romer wants economists to use maths with “clarity, precision and rigour”. Statistical claims should be robust, match everyday language as much as possible, and be transparent about methods.

T/F: Romer thinks that errors in mathematical arguments are examples of mathiness. 4. T/F: Romer says that the economists he has accused of mathiness are using it to promote a right-wing political agenda designed to influence national politics. 5. T/F: Romer thinks that economists should use less math. 6.

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Economists have a collective stake in flushing mathiness out into the open.” (Romer 2015: 90) This reminded me three beautifully clever and witty quotes by Joan Robinson, Robert Heilbroner and Paul Samuelson. Excellent! Paul Romer once called this type scientific mumbo jumbo “Mathiness” to label a specific misuse of mathematics in economic analyses.

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4. T/F: Romer says that the economists he has accused of mathiness are using it to promote a right-wing political agenda designed to influence national politics. 5. T/F: Romer thinks that economists should use less math. 6. T/F: Romer is angry.

In empirical work there are phenomena akin to mathiness, and similar risks. Mathiness stems from certain obsession, healthy to some extent, with formal economic analysis. Similarly, in empirical work many risks arise from a healthy concern about being more rigorous when analyzing data Paul Romer writes that like mathematical theory, mathiness uses a mixture of words and symbols, but instead of making tight links, it leaves ample room for slippage between statements in natural versus formal language.
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Lucas and Prescott are trying to subvert the neoclassical synthesis, to make theory safe again for Dr. Pangloss and his homunculus, the self-regulating market economy. Two nice quotes from Paul Romer about his paper Mathiness in the Theory of Economic Growth The alternative to science is academic politics, where persistent disagreement is encouraged as a way to create distinctive sub-group identities. The usual way to protect a scientific discussion from the factionalism of academic politics is to exclude people who […] Paul Romer inquired why I did not endorse his following Krusell and Smith (2014) in characterizing Piketty and Piketty and Zucman as a canonical example of what Romer calls “mathiness”. Indeed, I think that, instead, it is Krusell and Smith (2014) that suffers from “mathiness”–people not in control of their models deploying algebra untethered to… Just as the antidote to Newspeak isn’t to stop using language, the antidote to mathiness isn’t to stop using mathematics.

8 Paź 2020 Niewłaściwe wykorzystanie matematyki w teorii wzrostu gospodarczego / Mathiness in the Theory of Economic Growth/ Paul M. Romer In: 27 Nov 2018 [Taylor & Francis Online], [Web of Science ®], [Google Scholar]; Romer, Paul M. 2015. “Mathiness in the Theory of Economic Growth.” American 14 Nov 2019 Keywords: Romer, Lucas, Endogeneous Growth, Mathiness, Modeling Nobel Memorial Prize Awarded to Paul Romer (November 5, 2019).
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Jg. (2015), H. 5, S. 89-93. Technischer Fortschritt müsste 29 Jun 2015 I suggested that much of the mathiness of modern economics has come about because economists, for historical reasons, use mathematics like 25 Jan 2015 “Mathiness,” said Romer, involved the use of the math the way a politician would use it – to persuade by misleading. The analogy was to 3 Jun 2015 I was aware of the "mathiness" discussion initiated by the macro-economist Paul Romer, but have only recently read the articles because while (this paper should be compared wit the published version: Romer, P. 2016. “ Mathiness in the Theory of Economic Growth” AEA Papers and Proceedings 105( 5). Romer's article on 'mathiness' triggered a debate in the economics blogs last year. I didn't pay a great deal of attention at the time; that economists were using 10 Nov 2020 3 Paul Romer (2015), “Mathiness in the Theory of Economic Growth,” Proceedings:”Mathiness lets academic politics masquerade as science. Economist Paul Romer (2015) coined the term 'mathiness' to denote an improper use of mathematics to veil or obfuscate normative or ideological stances.

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Mathiness in the theory of 10 Sep 2019 In an early contribution to the endogenous growth literature, Romer. (1993, p.

5. T/F: Romer thinks that economists should use less math.