Occasional X: Economics and math ― they just can't get it together (XI)

“That’s what I do in my undergrad advanced macro course. We then solve the log-linearized model by hand and use Excel for numerical examples.” (Fabio Ghironi, quoting Alvares Chaves)

Keynes, too, misunderstood the concept of profit because he was too stupid for elementary…

— AXEC (@EgmontHandtke) May 6, 2026

I forgot the appendix. Here it is.