This article by Matt refers to a 2015 paper by Nobel Prize winning economist Paul Romer Mathiness in the theory of economic growth. If you're interested in

Mathiness is a symptom of this deeper problem, but one that is particularly damaging because it can generate a broad backlash against the genuine mathematical theory that it mimics. If the participants in a discussion are committed to science, mathematical theory can encourage a unique clarity and precision in both reasoning and communication.

Paul Romer writes that like mathematical theory, mathiness uses a mixture of words and symbols, but instead of making tight links, it leaves ample room for slippage between statements in natural versus formal language. The market for mathematical theory can survive a few lemon articles filled with mathiness. The American economist Paul Romer has recently written of “mathiness”, by analogy with “truthiness”, a term coined by American talk show host Stephen Colbert. Truthiness presents narratives which are not actually true, but consistent with the world view of the person who spins the story. Mathiness is a symptom of this deeper problem, but one that is particularly damaging because it can generate a broad backlash against the genuine mathematical theory that it mimics. If the participants in a discussion are committed to science, mathematical theory can encourage a unique clarity and precision in both reasoning and communication. Mathiness in the Theory of Economic Growth By PAUL M. ROMER∗ Politicsdoesnotleadtoabroadlysharedcon-sensus.

edu). An appendix with supporting materials is available from the author’s website, paulromer.net, and from the web-site for this article. Support for this work was provided by Romer’s solution to the mathiness problem is merely to re-state the case for the most orthodox positivist philosophy of social science. We never learn whether he thinks that it is a sin to use misleading mathematics to perpetuate a worldview that promotes inequality … 2015-05-01 Mathiness is a term coined by Paul Romer to label a specific misuse of mathematics in economic analyses. An author committed to the norms of science should use mathematical reasoning to clarify his analyses. By contrast, mathiness is not intended to clarify, but instead to mislead.

Romer's main complaint is against "mathiness" - an unstated analogy to the "truthiness" coined by comedian Stephen Colbert.As "truthiness" is something that sounds true but is just what somebody 1. Mathiness Mathiness is a term introduced in the paper “Mathiness in Theory of Economic Growth” (shortened to MTEG) by Paul Romer to explain a phenomenon in economics research.

av forskningen om romer i Sverige : Ett uppdrag från Delegationen för romska Mathiness and lying: Mathiness in the context of philosophical theories of

6 Sep 2018 Romer, P. M. (2015). “Mathiness in the Theory of Economic Growth”. American Economic Review: Papers & Proceedings, 105(5), 89-93; P. M. Romer: The Mathiness in the Theory of Economic Growth, in: American Economic Review, 105. Jg. (2015), H. 5, S. 89-93.

I see that over on the Twitter machine Noah Smith is engaging Paul Romer, in an attempt to get Paul to elucidate his “Mathiness” paper. I think Noah Smith misunderstands Paul Romer. As I see it, Paul Romer believes that George Stigler laid down the methodological principal that one should always assume perfect competition in […]

Romer identifies the subversive intent behind mathiness, and it is interesting that he targets Piketty as well as Lucas and Prescott. Lucas and Prescott are trying to subvert the neoclassical synthesis, to make theory safe again for Dr. Pangloss and his homunculus, the self-regulating market economy. Two nice quotes from Paul Romer about his paper Mathiness in the Theory of Economic Growth The alternative to science is academic politics, where persistent disagreement is encouraged as a way to create distinctive sub-group identities. The usual way to protect a scientific discussion from the factionalism of academic politics is to exclude people who […] DeLong on the real mathiness-people 19 May, 2015 at 11:29 | Posted in Economics | Comments Off on DeLong on the real mathiness-people. Paul Romer inquired why I did not endorse his following Krusell and Smith (2014) in characterizing Piketty and Piketty and Zucman as a canonical example of what Romer calls “mathiness”.

Romer has now joined the chorus of old 12 Apr 2016 Like mathematical theory, mathiness uses a mixture of words and symbols, but instead of making tight links, it leaves ample room for slippage Mathiness in the Theory of Economic Growth by Paul M. Romer. Published in volume 105, issue 5, pages 89-93 of American Economic Review, May 2015, 8 Oct 2018 William D. Nordhaus and Paul M. Romer were announced as the ideas about the determinants of growth, for the sin of “mathiness,” which he 15 Feb 2021 An ethical problem in the use of models in economics? Page 10.
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Se hela listan på bruegel.org 2015-05-15 · Romer here is not saying that theory should be entertainment but instead that it has become entertainment. This is the notion of mathiness.

Unfortunately, it turns out that Romer's takedown of Lucas and Moll is the true mathiness. "Mathiness"-as Romer (2015) put it recently-is a trend when economic science has become colonized by sometimes uncontrolled mathematics. "At a symposium on the state of economics held in 1986, Paul Romer’s critique of modern growth theory, though important, errs in holding Joan Robinson as an early proponent of flawed methodological practices which he believes affects economics even today. This note argues that Robinson’s work on aggregate Mathematics Versus Mathiness.
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For months, Paul Romer, the economics professor, has been on a crusade against what he calls “mathiness”, by which he means deliberately abstruse use of

Like mathematical theory, mathiness uses a mixture of words and symbols, but instead of Mathiness in the Theory of Economic Growth† By Paul M. Romer* *Stern School of Business, New York University, 44 W. 4th St, New York, NY 10012 (e-mail: promer@stern.nyu.