Talk:1570: Engineer Syllogism - Revision history

162.158.158.87 at 17:26, 14 January 2020

2020-01-14T17:26:03Z

Kazvorpal at 18:59, 21 November 2019

2019-11-21T18:59:54Z

Kazvorpal at 18:59, 21 November 2019

2019-11-21T18:59:01Z

Kazvorpal at 18:58, 21 November 2019

2019-11-21T18:58:14Z

Kazvorpal at 18:53, 21 November 2019

2019-11-21T18:53:06Z

Kazvorpal at 18:52, 21 November 2019

2019-11-21T18:52:35Z

Kazvorpal at 18:49, 21 November 2019

2019-11-21T18:49:03Z

Kazvorpal at 18:48, 21 November 2019

2019-11-21T18:48:20Z

Kazvorpal at 18:47, 21 November 2019

2019-11-21T18:47:09Z

Kazvorpal at 18:46, 21 November 2019

2019-11-21T18:46:19Z

← Older revision		Revision as of 17:26, 14 January 2020
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	It's worth note that '''this is also true of economists'''. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /		It's worth note that '''this is also true of economists'''. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /
	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually controls economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)		Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually controls economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)
		+
		+	There is also an element here of the fact that engineers understand mathematics in a framework of science that others have worked out. Solving a problem in mechanics might feel similar to solving a problem in the stock market, except that Newton/Lagrange already worked out the science, so you just have to do the math. For the stock market the science isn't worked out. Scientists can come a cropper because they lack the engineering sense to be practical in a real world application, while engineers come a cropper because they assume a system rather than discovering it. When scientists and engineers collaborate then the result is sometimes some of the most successful investing firms on the planet.

← Older revision		Revision as of 18:59, 21 November 2019
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	It's worth note that '''this is also true of economists'''. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /		It's worth note that '''this is also true of economists'''. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /
−	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually ~~control~~ economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)	+	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually controls economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)

@@ Line 13: / Line 13: @@
 Now that you mention the chinese stock market crash, have you considered the chinese political class is made most of engineers [http://singularityhub.com/2011/05/17/eight-out-of-chinas-top-nine-government-officials-are-scientists/]? This would explain the tooltip text. {{unsigned ip|162.158.23.204}}
-It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money|Theory]] conceals the Mechanics of Change / That simple equation¹ /
+It's worth note that '''this is also true of economists'''. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money|Theory]] conceals the Mechanics of Change / That simple equation¹ /
 Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal|Kazvorpal]] ([[User talk:Kazvorpal|talk]]) 18:30, 21 November 2019 (UTC)

← Older revision		Revision as of 18:58, 21 November 2019
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	It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /		It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /
−	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge ~~the~~ pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)	+	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)

← Older revision		Revision as of 18:53, 21 November 2019
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	It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /		It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / That simple equation¹ /
−	Too much aggregation / Ignores human action, and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)	+	Too much aggregation / Ignores human action / and motivation.<br/><small>¹<code>(C+I+G=Y)</code></small></small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)

@@ Line 13: / Line 13: @@
 Now that you mention the chinese stock market crash, have you considered the chinese political class is made most of engineers [http://singularityhub.com/2011/05/17/eight-out-of-chinas-top-nine-government-officials-are-scientists/]? This would explain the tooltip text. {{unsigned ip|162.158.23.204}}
-It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keyenes / His [[Wikipedia:The General Theory of Employment, Interest, and Money|Theory]] conceals the Mechanics of Change / That simple equation <code>(C+I+G=Y)</code> /
+It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / Just like my friend Keynes / His [[Wikipedia:The General Theory of Employment, Interest, and Money|Theory]] conceals the Mechanics of Change / That simple equation <code>(C+I+G=Y)</code> /
-Too much aggregation / Inores human action, and motivation.</small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal|Kazvorpal]] ([[User talk:Kazvorpal|talk]]) 18:30, 21 November 2019 (UTC)
+Too much aggregation / Ignores human action, and motivation.</small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal|Kazvorpal]] ([[User talk:Kazvorpal|talk]]) 18:30, 21 November 2019 (UTC)

← Older revision		Revision as of 18:47, 21 November 2019
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	It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / like my friend Keyenes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / that simple equation <code>(C+I+G=Y)</code> /		It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science\|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology\|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / like my friend Keyenes / His [[Wikipedia:The General Theory of Employment, Interest, and Money\|Theory]] conceals the Mechanics of Change / that simple equation <code>(C+I+G=Y)</code> /
	too much aggregation / ignores human action, and motivation.</small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)		too much aggregation / ignores human action, and motivation.</small></ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes\|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek\|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal\|Kazvorpal]] ([[User talk:Kazvorpal\|talk]]) 18:30, 21 November 2019 (UTC)
−
−	~~==References==~~

@@ Line 13: / Line 13: @@
 Now that you mention the chinese stock market crash, have you considered the chinese political class is made most of engineers [http://singularityhub.com/2011/05/17/eight-out-of-chinas-top-nine-government-officials-are-scientists/]? This would explain the tooltip text. {{unsigned ip|162.158.23.204}}
-It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]</ref> that actually control economic activity. This weakness, an unscientific [https://mises.org/library/pretense-knowledge the pretense of knowledge], is revealed by the fact that they are almost universally abysmal economic investors. The one famous exception to this was [[Wikipedia:John Maynard Keynes|Keynes]], who made a fortune off of stocks, but who also was machiavellian enough to advocate for economic ideas he did not believe in. According to his friend and fellow Nobel laureate [[Wikipedia:Friedrich Hayek|Friedrich Hayek]], Keynes pushed for stimulus spending for political reasons, and was planning to reverse his position when his untimely death intervened. —[[User:Kazvorpal|Kazvorpal]] ([[User talk:Kazvorpal|talk]]) 18:30, 21 November 2019 (UTC)
+It's worth note that this is also true of economists. Unlike mere mathematicians, economists suffer under the delusion that they directly understand how economic activity works and are able to predict its outcomes. But they fail, as Hayek notes in [[Wikipedia: The Counter Revolution of Science|The Counter Revolution of Science]], to understand or even take into account the [[Wikipedia:praxeology|human action]] and motivation<ref>[https://www.youtube.com/watch?v=d0nERTFo-Sk Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle!]<br/><small>I'll begin in broad strokes / like my friend Keyenes / His [[Wikipedia:The General Theory of Employment, Interest, and Money|Theory]] conceals the Mechanics of Change / that simple equation <code>(C+I+G=Y)</code> /
 ==References==