If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and externalities to externalities, then the reality should be simplified.


p. 4 - Steady-State Economics, 1977


If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and...

If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and...

If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and...

If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and...