Economic Theory and Mathematics — an Appraisal

Paul Samuelson

Ekonomicheskaya Politika / Economic Policy, 2012, 115—126

Abstract: The article examines the foundations of mathematics use in economic research. The author treats mathematics as a universal language of economic analysis, while cautioning against excessive enthusiasm for mathematical calculations. However, mathematics is not less valuable than a verbal statement of economic ideas.

Keywords: mathematics use in economic research; economics (search for similar items in EconPapers)
Date: 2012
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