Munich Personal RePEc Archive

Is Economics Entering its Post-Witchcraft Era?

Potgieter, Petrus H. and Rosinger, Elemér E. (2007): Is Economics Entering its Post-Witchcraft Era?

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Abstract

Recently, an awareness is emerging in economics about the fact that important problems are not solvable algorithmically, that is, by any finite number of steps. This statement can be made mathematically exact and this paper reviews the contributions that have been made in this regard, related to standard topics in economics.

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