Math is not only not necessary but – much worse – the incorrect proxy of human performance.
There are just too many ways to refute the value of math in economics, not in the least with an elementary fallacy of math. But let’s kill off the importance of math in economics with an easy to comprehend corollary for everyone:
Is the score in a game of soccer any indication of the game played? No. Does another game, past or future, with the same score suggest identical gameplay? No.
Simply put, math used as the indicator of human performance is a systemic confounding of consequence and cause, leading to the grandiose depravity of reason. The exact reason why math has failed to provide the logic for our economics to improve fundamentally.
The relativity of math very well put by Nobel Prize winner Richard Feynman:
“Science is the Belief in the Ignorance of Experts.”
Math is not only not necessary – but worse – the wrong proxy for human performance. Math can be an excellent tool to articulate and reason hindsight; it is the wrong tool to predict yet unprecedented “irrationality” of foresight needed to expand the fringe of what is humanly possible.
Expect a different answer from those making their money from the perpetual foolery of our predominant religions of economics, promulgated by the false promises of math. Don’t expect a priest of any established economic religion to reason its adversaries.
Do expect the bright-eyed and bushy-tailed to question how the near-sighted allegiance to religions affects the future of us all, and not at all in a good way.