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A comment on Outsourced Jobs Are No Longer Cheap, So They're Being Automated. Parent comment
Economists do love their toy models, and some of those are linear. They also make wrong predictions.
Anyone who thinks economics has useful, reliable mathematical models akin to those in physics is fooling themselves.
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Economists do love their toy models, and some of those are linear. They also make wrong predictions.
Anyone who thinks economics has useful, reliable mathematical models akin to those in physics is fooling themselves.