[Marxism] Karl Marx vs the crisis-deniers ...Re: Michael Heinrich versus the crisis-mongerers

[Ruthless Critic of All that Exists]

On Wed, Oct 1, 2008 at 7:51 AM, Steve Palmer <spalmer999 at yahoo.com> wrote:

> Bit weird to attack economists in this way since 'economics' has largely become a branch of applied mathematics.

Did you actually read the article? That's precisely what the article
is saying. Economists are into mathematical theorem-proving, which is
why they don't like the bottom-up, agent-based computational models
that the article is advocating (which are much more in tune with the
nonequilibrium reality of the world).

> Interesting is the vain hope that if only they had a better technique, they'd be able to avoid the inevitable as if this is all the result of stubborn minds, a methodological mistake. Dream on Messrs les bourgeois!

But agent-based models are not just another mathematical
representational technique -- they are *not mathematics*!