Monday, August 21, 2023

Return to the Econ by Joshua Gans

 Joshua Gans indulges his inner anthropologist:

Return to the Econ  by Joshua S. Gans,  August 20, 2023

Abstract: This paper revisits the Econ tribe famously documented by Leijonhufvud (1973). In half a century, the Econ have had their practices upended by technology and, for all but a few pockets of stasis, have changed their status hierarchy with new icons that are the focus of societal energy.


"In conversations with other members of the Econ, about 30 years ago, some rogue elements of Math-Econ, despite having achieved the highest levels of modl carving, made an attempt to carve modls that were actually useful and see if they “worked.” Rumour has it that they did, in fact, work and became useful in all of all things, the allocation of empty space and body parts. These elements were expelled by the Math-Econ as unworthy and left the sect with nothing but their Nobs."

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