Mathematics and Economics

R. M. O’Donnell
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R. M. O’Donnell: Macquarie University

Chapter 9 in Keynes: Philosophy, Economics and Politics, 1989, pp 183-207 from Palgrave Macmillan

Abstract: Abstract Since the Marginal Revolution, the relationship between economics and mathematics has been contentious. The current dominance of mathematical reasoning, the tendency to view mathematical exposition as essential to proper economic theory, and the presumption that the only genuine rigour in economics is the rigour of mathematics have encouraged a resurgence of debate in recent years.2 Keynes’s stance on this question is of interest, not only because of his contributions to the debate, but also because he had a comparatively sophisticated position which has not been fully appreciated.

Keywords: Mathematical Reasoning; Mathematical Economic; Verbal Argument; Economic Material; Econometric Work (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07027-5_10

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DOI: 10.1007/978-1-349-07027-5_10

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