Category: History
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Economics 101: Bertrand Russell is the Pope
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If we assume that a false proposition is true, we can prove anything (ex falso quodlibet). Bertrand Russell, so the […]
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The trouble with Bernoulli 1738
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Not all academic fields have a clear starting point, a seminal paper that constitutes the foundation of the entire discipline. […]
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Max Planck’s scheinproblems
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In June 1946 Max Planck spoke in the Göttingen physics colloquium. Planck was 88 years old, had received the highest […]
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Doing a Laplace
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This is a bit of LML jargon that we felt is worth promoting, even though it’s terribly unfair to a […]
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Gas in a box or nuclear explosion?
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This post is about mindset, culture, implicit assumptions. The big assumption in neoclassical economics is ergodicity, or equilibrium, or stationarity, […]