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rapnieonSep 14, 2018
torranceonJune 6, 2020
Oxford Economist Kate Raeworth has made the exact same argument about her own discipline and the allure of the ‘hardness’ of maths and physics. The way early 20th century increasingly turned to Newtonian-like mechanistic descriptions of economic processes, reductionist and absurd ideas about ‘human nature’, and extracting Universal laws from historical and accidental correlations.
I do recommend reading the first half of her Doughnut Economics where she makes this case at length, from someone inside the discipline.