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Herman E. Daly - If economic reality is actually so...

If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and externalities to externalities, then the reality should be simplified. (Herman E. Daly)

If economic reality is actually so complex that it can only be described by complicated mathematical models that add epicycles to epicycles and externalities to externalities, then the reality should be simplified.

Herman E. Daly

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add complex reality should simplified

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