I forget who it was that said something to the effect that the only real science is physics and everything else is just stamp collecting. I am a proud stamp collector btw.
It's attributed to Rutherford, but I don't think it was ever written down by him.
A more modern version is that the only real science is physics, all others are effective theories. However even physicists are generally of the opinion that physics is an effective theory as well ...
Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.
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I forget who it was that said something to the effect that the only real science is physics and everything else is just stamp collecting. I am a proud stamp collector btw.
ReplyDeleteIt's attributed to Rutherford, but I don't think it was ever written down by him.
DeleteA more modern version is that the only real science is physics, all others are effective theories. However even physicists are generally of the opinion that physics is an effective theory as well ...
Wonder if anyone's modeled some economic activity as an aggregation of simple harmonic oscillators...
ReplyDeleteI did a whole bunch where I aggregated free particles ...
Deletehttp://informationtransfereconomics.blogspot.com/2015/10/utility-maximization-and-entropy.html
Probably the most "physicist" thing I've done on this blog. Although there's also this.