The Wessex Astrologer
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Like Romer, Pfleiderer needs economists to be clear about this sleight of hand. The notion that an entire tradition - not just some eccentric financiers - could possibly be bewitched by empty, extravagant theories might sound absurd. How might all these people, all that math, be mistaken? This was my very own feeling as I began investigating mathiness and the shaky foundations of modern economic science. Yet, as a scholar of Chinese religion, it struck me that I’d seen this type of mistake before, in historical Chinese attitudes towards the astral sciences.
In a cellphone dialog, Daniel Hausman, a philosopher of economics on the University of Wisconsin, put it bluntly: ‘If you reject the ability of idea, you demote economists from their thrones. George F DeMartino, an economist and an ethicist on the University of Denver, frames the issue in financial phrases.



