this post was submitted on 10 Dec 2023
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the_dunk_tank

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It's the dunk tank.

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[–] star_wraith@hexbear.net 16 points 11 months ago* (last edited 11 months ago) (1 children)

It's the extreme rigour with which they perceive themselves

To get into any econ PhD program essentially requires a math degree. Which is funny because afaik the only other programs that might require that much math are like, physics and math itself.

They then proceed to develop all these intense models, which is what they say the math is needed for. And yeah, sure, the models themselves are complex. But they’re all bullshit. It’s like building some quantitively rigorous model that “proves” intelligent design or that climate change is a hoax. Just because you use a lot of high level math doesn’t mean you’re actually using that math in a correct or useful way.

[–] Philosoraptor@hexbear.net 11 points 11 months ago

Epicycle models of the solar system were also mathematically complex; at least those approximated real-world patterns.