I'm a little concerned that Economics as a formal branch of mathematics is totally ignored here in favor of the social science, which came after the mathematical models. I'm also not sure it makes sense to call "scarcity" the fundamental concept underlying economics; I might have chosen rationality, comparability of values, or efficiency. No mention at all of important concepts like Pareto optimality, revealed preference, marginal utility? I'm just a dabbler, but surely there's someone here with a better background in mathematical economics that could do a reasonable job fixing this? --
LDC
You are quite right - there is a mathematical side of economics (or as one of my professors would say
hardcore econometrics). I could write up about 30-40 pages and subpages on the subject. It will take up some time though, and the real problem is to stick to the theoretical side and not to engage oneself into discussions about which view is right or wrong - we would clearly miss the point here. Anyway, you are the first person that has borught this up and I'm grateful for that.
WP
Someone wrote a bad review of economics section at kuro5hin:
http://www.kuro5hin.org/comments/2001/9/24/43858/2479/4#4
This comment could help the section to improve?
joao
![[Home]](wikipedia.png)