Posts in Budget
Wish I'd said that - May 20, 2020

“The spectacle of economists bringing their awesome mathematical and statistical techniques to bear on the analysis of irrelevant or misleading data can only disgust those for whom the desire to understand reality take precedence over the desire to impress their colleagues with analytic pyrotechnics.”

Robert Higgs Crisis and Leviathan

Wish I'd said that - May 13, 2020

“Too large a proportion of recent ‘mathematical’ economics are mere concoctions as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.”

John Maynard Keynes The General Theory of Employment Interest and Money