Abstract
The emergence of non-constructivities in economics is entirely due to the unnecessary and inappropriate formalization of economics by means of 'classical' mathematics. I have made similar claims for the emergence of uncomputabilities and undecidabilities in economics in earlier writings. Here, on the other hand, I want to suggest a way of confronting uncomputabilities, and remedying non-constructivities, in economics, and turning them into a positive force for modeling, for example, endogenous growth, as suggested by Stefano Zambelli. 107,108 In between, a case is made for economics to take seriously the kind of mathematical methodology fostered by Feynman and Dirac, in particular the way they developed the path integral and the δ-function, respectively. A sketch of a "research program" in mathematical economics, analogous to the way Gödel thought incompleteness and its perplexities should be interpreted and resolved, is also outlined, albeit briefly, in the concluding section.
| Original language | English |
|---|---|
| Pages (from-to) | 5-51 |
| Number of pages | 47 |
| Journal | New Mathematics and Natural Computation |
| Volume | 8 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Mar 2012 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 4 Quality Education
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SDG 8 Decent Work and Economic Growth
Keywords
- Busy Beaver functions
- computability
- computable economics
- Constructive mathematics
- mathematical economics
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