It is about time to start throwing rocks at the Economist Shamans and their incantations of hocus pocus expressed in terms of a respectable language called math and the those that use that language called (real) scientists.
Economists Fiddle with the position of some bones, stones or tea leaves and thinking that it has some actual relationship to an outcome that they say it will have because the numbers in the model say it will. The incentive is to fiddle with the things that produce a sub optimized self interest benefit for themselves, proving their own ideological theories or beneficial to the ones they work for like banksters and politicians. Then hide it all in a lack of transparency. Some, few, Economists might be at the end of their professional spectrum closer to science than the rest but they are heterodox heretics shunned by the brotherhood of priests.
Cathy, evidently a math geek, called baloney here on economists. Today I found more about Cathy O'Neil here. Her blog site is mathbabe.
If Economists are defenders of the Faith, using scientific method for unscientific purposes and twisted to their sub-optimized (evil or just plain ignorant sheep) objectives, Cathy is a defender of the Science in the finest traditions of scientific truth and transparency.
A new Super Hero??
Yes!
I have only started to read what she has written. She is active in OWS.
I say: Go Cathy!!!
No comments:
Post a Comment