EXPERIMENTAL EXTINCTION OF PURE ECONOMICS : Understanding the Technical Flaws and Merits of Mathematization in Contemporary Economics Discipline by E. M. Gagas
English | 2022 | ISBN: N/A | ASIN: B09X1RB6QZ | 401 pages | MOBI | 0.80 Mb
As economics journeyed from one material period to another, several developments were recorded which have helped in maturing the discipline as it is today. But such progress also came with its challenges, notable of which is the excessive mathematization of economics. With every aspect of economics compelled to confess mathematically (even if under duress), there is almost nothing left to argue the existence of invasive forces of experimental extinction that have continued to erode the core of pure economic sense in favour of anything the world of mathematical figures can muster. What began as intellectual testing of the appropriateness and application of mathematics in the discipline of economics has now birthed a new discipline whose messages can only be deciphered by economists of numbers.
In this book, Ephraim Moses Gagas provided a useful guide for the understanding of economic thought and seeks to provoke a methodological re-evaluation of mathematical formalism deployed to strengthen deductive reasoning in the discipline of economics in a compelling and engaging way. The book is thus a good read for different categories of readers - students of economics, professional economists, and intelligent laymen.
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