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so much attention to mathematics wouldn't do."
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Well, although the critique in this course is going to be
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partly based on collateral the rest of what Krugman said I
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completely disagree with.
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I regard that as a kind of Taliban approach to economics.
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he more technology and firepower you use the more
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you're going to be misled.
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That's what the Taliban believe, and they want to get
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rid of modern technology and return to first principles.
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So I think, in fact, the problem with modern finance
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was not too much mathematics, but too little mathematics,
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and they made these very special simplifying assumptions