The Mathematicization of Economics

by John Aziz

If one thing has changed in the last one hundred years in economics it has been the huge outgrowth in the usage of mathematics:

[…] This is largely a bad development, for a number of reasons.

First of all layers of mathematics acts as a barrier to public understanding. While mathematics is a useful language for communicating complex ideas, those without training in mathematics will struggle to grasp what an author is trying to communicate if a paper consists mostly of equations untranslated into English. This is bad practice; it is easier to baffle with bullshit in an unfamiliar language than it is in plain English.

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