Tag: Economics
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Galileo and Economics
Or ‘Why we can’t blame Galileo for the latest financial crisis!’ 🙂 Modern science can be roughly said to begin with Galileo Galilei. One of the commonly used methods in science is sometimes referred to as the Galilean Style. This style refers to, among other things, the idealizations and abstractions that scientists use in modeling […]
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Herbert Simon: Sciences of the Artificial
Herbert Simon: Sciences of the Artificial. This is a review of Herbert Simon’s “Sciences of the Artificial” that I just finished reading. Let me first say a few words about the writing style. Simon’s writing style is quite lackluster. He isn’t a great writer like say Bertrand Russell, or George Orwell for that matter. But […]