IS MATHS MEANINGFUL IN REAL WORLD ECONOMICS?

Allan Sleeman, Economics Department of Western Washington University, Bellingham, WA 98225, has written a draft paper that is very close to my own albeit somewhat muddled thinking on there being something wrong with traditional economic teachings on basic microeconomics, let alone Nobel Prize-winning maths constructs earning high incomes and prestige for their compilers. 

I used to deliver the S-D constructs to first-year students of economics long ago in the late1960s through for many years into the 1980s. 

I am not able to post  Alan Sleeman’s paper on Lost Legacy at the request of the author, but I recommend that teachers of economics contact Allan Sleeman to request a copy of it:

What Should Economics Majors and Economists Know About the Supply and Demand Model?

Yes, it is basic stuff but if there is something wrong with its ideas surely we should think about its wider implications?

I certainly have on and off in recent years, especially where the widespread use of mathematics is so prevalent, and worse, is taken so seriously by scholars and policy makers.

Perhaps I shall return to this subject in due course…