Mathematics and economics of Leonid Kantorovich

langauge needs analysis of undergraduate business management and economics students

the aim of conducting this study was to investigate the foreign language learning needs of undergraduate economics students and business management students in faculties of social sciences of alzahra and azad naragh university. in the study, which was designed on the basis of a qualitative-quantitative basis using interviews and questionnaires, 146 female undergraduate business management as we...

A Critical Analysis of the Origin and Nature of Classical Mathematical Economics: Why Classical Economists Did Not Use Mathematics?

The role of mathematics in economic analysis is not yet a settled question. Smith, Ricardo, Mill and other eminent classical economists did not use mathematics in their economic theorizations. We have defined classical mathematical economics as the whole body of literature in mathematical treatment of economics originating mainly from the contributions of Cournot,  Jevons and Walras. There are ...

The Unreasonable Ineffectiveness of Mathematics in Economics

In this paper I attempt to show that mathematical economics is unreasonably ineffective. Unreasonable, because the mathematical assumptions are economically unwarranted; ineffective because the mathematical formalizations imply non-constructive and uncomputable structures. A reasonable and effective mathematization of economics entails Diophantine formalisms. These come with natural undecidabil...

Jaakko Astola and Leonid Yaroslavsky

The politics, mathematics and morality of economics: a review essay on Robert Nelson’s Economics as Religion

Is economics a science or a theology? Nelson sensibly argues that economists are a priestly class; they issue authoritative (scientific) blessings upon the marketplace. The bishops of this class are the mathematicians, who convert ideology into “science”. This essay, in contrast, argues that mathematics has more to do with internal competition between economists than with politics or religion. ...