Browsing All posts tagged under »Stephen Wolfram«

Computational Irreducibility in Economics – An Economist’s Review of A New Kind of Science

July 28, 2012

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Beginning in the mid-20th century, economists have published articles, books and original research whose content consisted increasingly of systems of equations acting as economic models, and decreasingly of economic reasoning and theory. This was based on the belief that the¬†epistemology¬†of science relied on mathematics as providing verifiable theories, such as those that were prevalent in […]