Physics and Economics

Jim posted the article on Mandelbrot.

Jim Devine posted an article on Benoit Mandelbrot on my pen-l list condemning economists’ appropriation of physics.  I covered some of the humorous history of the economists’ machinations at becoming physics like in The Invisible Handcuffs. You will especially appreciate the exchange between Macleod and James Clerk Maxwell.

http://www.sciam.com/blog/60-second-science/post.cfm?id=benoit-mandelbrot-and-the-wildness-2009-03-13

The section from my book:

physics

2 comments so far

  1. Jim Devine on

    It wasn’t I who posted the stuff about Mandelbrot.


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