Geometric Marginalism: Difference between revisions

no edit summary
No edit summary
No edit summary
 
Line 6: Line 6:


<blockquote>
<blockquote>
The plan is that we're going to try to take over all of economics by going to the heart of the matter. We're going to look at the most basic theories. And we're going to try to see if we can upgrade. Now, what happened years ago is that marginalism slept through economics. What was marginalism? It was the introduction of the calculus into the analysis of market behavior. So if we have an upgrade of the calculus, there's nothing to suggest that we mathematicians and physicists can't swarm into economics, and rip out every place that they've got one of these old fashioned calculus machines, and replace it with this new thing, to solve problems that they haven't been able to solve.
''The plan is that we're going to try to take over all of economics by going to the heart of the matter. We're going to look at the most basic theories. And we're going to try to see if we can upgrade. Now, what happened years ago is that marginalism slept through economics. What was marginalism? It was the introduction of the calculus into the analysis of market behavior. So if we have an upgrade of the calculus, there's nothing to suggest that we mathematicians and physicists can't swarm into economics, and rip out every place that they've got one of these old fashioned calculus machines, and replace it with this new thing, to solve problems that they haven't been able to solve.''


Eric Weinstein on [[Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary (YouTube Content)]]
Eric Weinstein on [[Gauge Theory and Inflation: Enlarging the Wu-Yang Dictionary (YouTube Content)]]