Krugman’s gadget interpretation of economics

https://larspsyll.files.wordpress.com/2015/03/krugman.png?w=640
“No matter how many convoluted refinements of concepts made in the gadget model, if the “successive approximations” do not result in models similar to reality in the appropriate respects (such as structure, isomorphism etc), the surrogate gadget system becomes a substitute system that does not bridge to the world, but rather misses its target.” read the rest @
https://rwer.wordpress.com/2016/09/03/krugmans-gadget-interpretation-of-economics-2/

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