In recent academic and to some extent public debates, mainstream economics has been accused of excessive mathematization. The rejection of mathematical and other formal methods is often cited as a crucial trait of Austrian economics. Based on a systematic discussion of potential benefits and...

Most of the comment of de Mesnard applies to a causal interpretation of the net multiplier that is applied to economically impossible exogenous (changes in) total output. This reply shows that this interpretation is incorrect and that his further argumentation is based on a time inconsistent...

Computer technology presents economists with new tools, but also raises novel methodological issues. This essay discusses the challenges faced by computational researchers, and proposes some solutions.