tag:blogger.com,1999:blog-3758330678390419129.post3807376079499170235..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Are Mathematical Economists Just an Intimidated Bunch Who Have an Inferiority Complex?Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-55909786340216363932013-01-13T20:30:19.568-05:002013-01-13T20:30:19.568-05:00It's smoke and mirrors to hide their appalling...It's smoke and mirrors to hide their appalling ignorance of basic questions like asset bubbles, inflation, etc that most mainstream econ guys have zero grasp of but can always write out long complex bullshit equations to explain situations. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61600248021512711262013-01-13T18:24:48.832-05:002013-01-13T18:24:48.832-05:00"Refused to understand" is the perfect c..."Refused to understand" is the perfect choice of wording. You can explain AuEcon in 5 minutes, and show the axiomatic truth of it and how it comes from the simple "Man Acts" principle, but most people are too tied up in their POV to accept it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14553545178257916502013-01-13T18:01:41.361-05:002013-01-13T18:01:41.361-05:00Totally agree, and Bob Murphy's experience rel...Totally agree, and Bob Murphy's experience relayed in your interview with some of the wizened econ professors admission is telling.<br /><br />However I would nitpick on two things: differentiating between micro and macro; and that logic is still part of mathematics, like for example ordinal relationships of utility (instead of cardinal calculations of utility used in non-Austrian econ). It npcompletehttps://www.blogger.com/profile/09180638009713314654noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31860731224012892692013-01-13T17:19:47.522-05:002013-01-13T17:19:47.522-05:00In 40 years, I've never met anyone not already...In 40 years, I've never met anyone not already an Austrian who understood Austrian economics. No one was ever impressed by what they did not and refused to understand, even when I carried around a big fat book by Von Mises.Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.com