September 1, 2021

Occasional Tweets: Marginalism ― the best-mumified stillbirth in the history of cargo cult science


For more about Jevons see AXECquery.
For more about microfoundations see AXECquery.


Twitter Feb 25, 2019 Mummies worship is not regarded as a perversity among economists. As a matter of fact, it is the initiation ritual. The different sects have different ― spiritual or real ― mummies. Utility maximizers, for example, worship Bentham's mummy at the entrance of the Student Centre at the University College London (UCL). From the standpoint of science, economics is still at the animistic stage.

Twitter Mar 7, 2023