Discover and read the best of Twitter Threads about #equations
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"#Economics in #Nouns and #Verbs"
Below, we share key excerpts from SFI External Prof W. Brian Arthur's (@Stanford, @PARCinc) latest, available at arxiv.org/abs/2104.01868, which we recommend for its elucidation of key blind spots in economic thinking & how to address them...
Below, we share key excerpts from SFI External Prof W. Brian Arthur's (@Stanford, @PARCinc) latest, available at arxiv.org/abs/2104.01868, which we recommend for its elucidation of key blind spots in economic thinking & how to address them...
"Different means 'see' differently—often they reveal different versions of the same object. #MRI looks at body parts and reveals soft tissue structure; #CT scanning looks at the same body parts and reveals bone structure. There is no 'correct' version of internal body parts."
"#Mathematics is powerful in #economics—and necessary—but I don’t believe that it is suited to describing all that is interesting in an economy. In fact I don’t believe that there is any privileged way to view the economy. There are useful ways and less useful ones."
