Student Among the Econ: Seeing Through Mathemagics
Channel: Asad Zaman
Date: 2023-05-16

{bit.ly/AZsate} This talk describes my experiences with Mathematical Economics as a graduate student at the Stanford University Ph.D. Economics program. I was baffled to learn that doing simple mathematics on a simple game could teach us something about the real world. I was amazed to see that what seemed obviously preposterous to me, was made to appear acceptable. Even worse, policies made on basis of incredibly over-simplified models are in use for macroeconomics around the world today. How do Economists perform this magic - convincing the world to use silly models, even after they lead to massive economic disasters? This question is left for later discussion.