Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by klodolph on Thursday August 08, 2019 @03:31AM
(#20642541)
This is exactly correct. But the issue that “humans don’t fit well to a mathematical formula” is also true of everything that you don’t describe with quantum field theory. Even chemistry is full of this.
I think the issue here is more that economics is describing human behaviour, and we don't fit well in to a mathematical formula.