What is it about?
Mathematical models in economic theory are metaphors.
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Why is it important?
Mathematics in economics has become indispensable. It has also become very abstract. But it is important to remember that the place of mathematics in economics is still debated.
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This page is a summary of: Mathematics, Metaphors and Economic Visualisability, The Quarterly Journal of Austrian Economics, November 2007, Springer Science + Business Media,
DOI: 10.1007/s12113-007-9024-0.
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