The intuitive framework has to recognize that you have already worked the angles and that such intuition is gathered from all that has been worked. This contradicts what you are saying. I am not saying it is right just that I have seen this perspective in development with regard to scientists as they push through the wall that has separated them from moving on. This then details a whole set of new parameters in which the thinking mind can move forward with proposals.
I never quite could get the economy either, until I understood the idea of Fractals as a gesture of the underlying pattern of all of the economy in expression. Of course that is my point of view. I might of called it the algorithm before.
The idea here is that all thing are expression of the underlying pattern and you might call the end result psychology or sociology of thinking and life as a result.
It seems that the accumulated reference of mind as a place in it’s evolution is to see that all the statistical information is already parametrized by the judgements in which you give them personally?
Ultimately this is the setting for which your conclusions guide your perspective, yet, it is when we look back, one can choose too, “guide their brain?”
If you did not pick it up, Benoit was able to reduce the economy too, and used an inductive deductive facility in regard to what is self evident. But I would point out what you might have interpreted as illusory in terms of the graph he sees on the board was instrumental to his penetrating the pattern in the economy.
Just raising the name of Nassim Nicholas Taleb and the idea of the Black Swan in relation to the basis of the economy Benoit raises deeper questions and does garner a look for me. I don’t know what to expects is opening up the door to understanding more about such erudition’s but they are with regard to the economy.
Taleb was collaborating with Benoit Mandelbrot on a general theory of risk management Collaborations
A simple assumption about heads and tails, leads to bell curves and such?
Taleb, N. N. (2008) Edge article: Real Life is Not a Casino
So you are looking at both sides of the coin.
More on the Black Swan here.
While these writings are disparate pieces, do they indeed come together under this post book review?? As a scientist and mathematics person are you not intrigued about “the pattern?” I was shocked…..yet is made sense.
Now Nassim adds dimension to the subject. “He calls for cancellation of the Nobel Memorial Prize in Economics, saying that the damage from economic theories can be devastating“.
Game theory if you know how it works it is used in all types of negotiation.