this post was submitted on 03 Apr 2025
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How to piss off mathematicians and physicists with a single sentence.
Economist are just political science sociopaths wearing the flayed skin of a math student.
You couldn't be more precise
So that's gotta be a typo, right? Not that this asshole deserves any benefit of any doubts, but since they then set epsilon to 4 (which is greater than 0), they must have simply put "<" instead of ">", right? It's not a typo one is likely to make, but I think it must be one.
well, this shit was probably written by an LLM
Presumably why it has raw LaTeX-style subscripting like
tau_ibut isn't actually rendering it. When you ask an LLM to regurgitate academic-sounding math it's gonna reproduce patterns from both unicode rendetings and source LaTeX.That would make a lot of sense! It's very like an LLM to say something and then several lines later contradict that thing. Seems possible!
Apparently, it's not a typo. In finance math, they just quote the absolute value of epsilon (because it is always negative). The equation presented doesn't work regardless of whether or not they got the signs correct, because the logic behind it is wrong (epsilon and phi aren't constants)
Huh. Well, that's fun. Economists can eat my whole ass, those fuckers absolutely suck. Thanks for the info!
What's funny there is he drops the signs and doesn't say anything about it because otherwise it would imply that the government should be giving rebates on goods imported from countries where we have a trade surplus (if any such countries exist)