tag:blogger.com,1999:blog-4900303239154048192.post4471909616216349250..comments2021-08-01T22:42:55.996-04:00Comments on EconoSpeak: What Has Not Been Said About The Late Herbert ScarfUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4900303239154048192.post-26160301467207188132015-11-22T11:00:54.352-05:002015-11-22T11:00:54.352-05:00Yes, standard economic theory uses a lot of linear...Yes, standard economic theory uses a lot of linear algebra.rosserjb@jmu.eduhttps://www.blogger.com/profile/09300046915843554101noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-85342948535985340152015-11-22T07:24:47.450-05:002015-11-22T07:24:47.450-05:00Very interesting posting, thanks much.
Though I c...Very interesting posting, thanks much.<br /><br />Though I can't remember it specifically I remember reading recently that a fairly non-obscure piece of statistics relied on the Axiom of Choice for its proof (much to my surprise).<br /><br />I don't think you have to be so foundational to get calculation problems. Anyplace you need to numerically compute eigen values, the process becomes chaotic for non-symmetric matrices. Since I am not versed in econ theory I am just assuming that any realistic model of an economy uses numerical linear algebra but I don't really know.Wallflyhttps://www.blogger.com/profile/03852136998154262919noreply@blogger.com