>
> >Very interesting, but what is the point?
>
> Ah ha! Eva, you gave me the straight line I was fishing for. Thank you.
>
> The POINT IS the point of inflection. The three quotations that I forwarded
> to the list yesterday all came up in the first ten hits of an Alta Vista
> search on the phrase "point of inflection". They contained discussions of
> the point of inflection with regard to population growth, the value of
> financial investments and the growth of industrial production.
>
yes, i stopped reading it when lot of the variables were
arbitrarily called constants, when most of them never are.
Too many people are already causalties of the
present economics, I think acting earlier is better,
whereever is the alleged point of inflection,
I have the feeling you wont find two econoomists
who agree where to put it anyway... exactly because of
the arbitrary nature of similar "equations".
I am not convinced that such mathematical
modelling of social "data" can be as useful as modelling
in physics. There are very few unconvoluted
independent/dependent variable relations.
Eva
