Nassim Taleb exposing economists’ scientific fraud hidden behind mathematics
We Can Start Exposing Economists:
I just finished a very rough draft of *Fat Tails & (Anti)Fragility* (~100 pages).
https://docs.google.com/file/d/0B_31K_MP92hURjZxTkxUTFZnMVk/edit?pli=1
PART I provides a mathematical toolkit to detect anything that is bullshit in economic modeling (particularly macroeconomics), figure out which papers are flawed from a scientific standpoint, etc. When I mean flawed, it is on the basis that the math used impresses nonmathematicians but does not support the stated policy conclusions.
So I start by putting one Karl Whelan “scientific” work under severe mathematical scrutiny. I select him to start as he worked with central banks, the perfect profile of the person supported by the taxpayer against the taxpayer’s own interests. I also had a disgraceful encounter with him and his macro peers on twitter.
Mr Whelan’s papers can be found here: http://ideas.repec.org/e/pwh23.html
We can progressively expose mathematized social science that way, as I am refining the text, adding words and examples.
This is excellent and very useful information. Thank you for posting.
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Good. Too many of these guys are the public relations arm of the worst thieves in the FIRE sector.
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He’s very good and comes to this from a libertarian perspective so further enhances the fight that is dominatedbby lefties. His methodology is solid and hes a good writer and charismatic speaker.
Benjamin Balak, PhD Associate Professor of Economics Rollins College, Florida, USA
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