Paul Romer's critique of modern growth theory, though important, errs in holding Joan Robinson as an early proponent of flawed methodological practices which

Mathiness in the Theory of Economic Growth By PAUL M. ROMER∗ Politicsdoesnotleadtoabroadlysharedcon-sensus. Ithastoyieldadecisionwhetherornota consensus prevails. As a result, political institu-tions create incentives for participants to exag-gerate disagreements between factions. Words that are evocative and ambiguous better serve

2016-03-27 · Romer’s article on ‘mathiness’ triggered a debate in the economics blogs last year. I didn't pay a great deal of attention at the time; that economists were using relatively trivial yet abstruse mathematics to disguise their political leanings didn’t seem a particularly penetrating insight. Romer wants economists to use maths with “clarity, precision and rigour”. Statistical claims should be robust, match everyday language as much as possible, and be transparent about methods. 2015-10-04 · The style that I [Romer] am calling mathiness lets academic politics masquerade as science. 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 and between statements with theoretical as opposed to empirical content.

Romer mathiness

As a result, political institu-tions create incentives for participants to exag-gerate disagreements between factions. Words that are evocative and ambiguous better serve Paul Romer Recapping: Science, Politics, and Mathiness It might be helpful to pull back from some of the specifics in the instances of mathiness that I’ve cited in recent posts and recap the background motivation, which springs from concern about the interaction between science and politics. But he professes not to see why anyone should care that Lucas engages in this type of mathiness; that is, why anyone should care that Lucas makes a misleading verbal statement about the mathematics of growth theory. Andolfatto misses what is at stake. Lucas does not make statement S1 because he cares about the math in other models.

T/F: Romer says that the economists he has accused of mathiness are using it to promote a right-wing political agenda designed to influence national politics.

Just as the antidote to Newspeak isn’t to stop using language, the antidote to mathiness isn’t to stop using mathematics. It is to use better maths. Orwell wanted language to be short, simple, active and direct. Romer wants economists to use maths with “clarity, precision and rigour”.

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 the languages of words as opposed to symbols, and between statements with theoretical as opposed to empirical content. 2016, Paul Romer. “Mathiness in the Theory of Economic Growth” American Economic Review 105 (5): 89-93 “McGrattanand Prescott (2010) is one of several papers by traditionalists that use mathiness to campaign for price-taking models of growth.

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. Romer is an economist who introduced the concept to urge a public debate, and so the philosophical exactness of the notion of mathiness was not a main interest when he

“ Mathiness in the Theory of Economic Growth” AEA Papers and Proceedings 105( 5). Romer's article on 'mathiness' triggered a debate in the economics blogs last year. I didn't pay a great deal of attention at the time; that economists were using 10 Nov 2020 3 Paul Romer (2015), “Mathiness in the Theory of Economic Growth,” Proceedings:”Mathiness lets academic politics masquerade as science.

He did it in the 2015 American Economic Review Papers and Proceedings with an article titled “Mathiness in the Theory of Economic Growth.” In that piece, Romer doesn’t call for drumming people out of the profession. 2016, Paul Romer. “Mathiness in the Theory of Economic Growth” American Economic Review 105 (5): 89-93 “McGrattanand Prescott (2010) is one of several papers by traditionalists that use mathiness to campaign for price-taking models of growth. Downloadable!
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T/F: Romer thinks that economists should use less math.

An appendix with supporting materials is available from the author’s website, paulromer.net, and from the web-site for this article.
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Downloadable! Mathiness lets academic politics masquerade as science. 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 the languages of words as opposed to symbols, and between statements with theoretical as opposed to empirical content.

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. Ithastoyieldadecisionwhetherornota consensus prevails. As a result, political institu-tions create incentives for participants to exag-gerate disagreements between factions. Words that are evocative and ambiguous better serve 2015-05-01 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.