Sunday, April 22, 2018

"Smarts" is the New Math in Economics & Finance...

Contrary to common perception, math for its own sake does not get you far in the new economics profession. What's valued is "smarts"; the ability to shed new light on an old topic (Rethink), make an intractable problem soluble., or devise an ingenious new empirical approach to a substantial question. In fact, the emphasis on mathematical methods in economics is long past its peak."