Insights Interview with Mathematician Fresh_42 - Comments

AI Thread Summary
The discussion revolves around the intersection of mathematics and economics, sparked by an interview with mathematician Fresh_42. Participants note the mathematical foundations of economics while highlighting its fluidity and adaptability in solutions. A provocative suggestion is made to categorize economics under quantum physics, referencing Feynman's ideas about hidden players in nature. The conversation shifts to the role of mathematics in social sciences, with mentions of modeling social phenomena using physical equations, indicating a trend towards quantitative analysis in these fields. The definition of economics as a social science is supported by its reliance on scientific methods to explain human behavior. The dialogue concludes with a humorous take on economics, likening it to the study of "herding human cats," and a minor technical note about a mathematical formula not displaying correctly.
Messages
19,792
Reaction score
10,748
TheAdmin submitted a new PF Insights post

Interview with Mathematician Fresh_42
fresh42.png


Continue reading the Original PF Insights Post.
 
  • Like
Likes JD_PM, Demystifier, OmCheeto and 3 others
Physics news on Phys.org
I think the economist comments are interesting. Certainly there is a lot of math in economics, but it's interesting they have s more fluid ranges of acceptable solutions.
 
  • Like
Likes OmCheeto and Charles Link
Greg Bernhardt said:
I think the economist comments are interesting. Certainly there is a lot of math in economics, but it's interesting they have s more fluid ranges of acceptable solutions.
hmmmm... Perhaps "Economics" should be a sub-category of "Quantum Physics"?
 
  • Like
Likes AlexCaledin and Comeback City
OmCheeto said:
... Perhaps "Economics" should be a sub-category of "Quantum Physics"?

- indeed, why not? Feynman suggested that Physics / Nature might well be something like the Great Game played by some hidden Players - and the most interesting games have some "economical" aspect - suppose that those Players have to pay somehow for making improbable quantum choices - and that's how the Born Rule actually emerges . . .
 
One economist at my institution claims economics is a social science.

Cheers
 
Interview with Mathematician Fresh_42. Nice. Enjoyed reading it.
 
Last edited by a moderator:
cosmik debris said:
One economist at my institution claims economics is a social science.

Cheers
I think it is in many aspects, but I also think that the social sciences are going to be endured by mathematics at some point, you can do, and it is actually done, some hard predictions in social sciences. You can actually model some social phenomena and behavior using physical models, I have seen some papers on this kind of topics, applying some statistical mechanics equation that describes some nucleation process to the formation of the centers of cities, or some kinetic gas equation to describe evacuation in emergency situations for some building and staff like that. It is pretty gross for what "social" means, but as science advances, I think we are going to see more and more of this. At this point people can see the activation of neurons one by one, all this techniques will have an impact in psychology and sociology, all the advances in neurosciences will have an impact in the future on how all those disciplines like social sciences and psychology are driven.
 
Ummm...

"Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations."

ref: http://www.economicsonline.co.uk/Competitive_markets/What_is_economics.html

ps. I didn't believe it at first either. But if you think about it for about 15 seconds, it makes sense.

-----------
Student; "What the hell is Economics, really?"
Professor Om; "Economics is the study of herding human cats."
 
  • Like
Likes Telemachus
One small nit: The Euler formula is not showing up as it should:

##e^{ipi} + 1 = 0##
 

Similar threads

Replies
5
Views
2K
Replies
6
Views
2K
Replies
7
Views
2K
Replies
2
Views
2K
Replies
2
Views
2K
Replies
5
Views
3K
Replies
5
Views
2K
Replies
7
Views
3K
Replies
11
Views
2K
Back
Top