‘Instead of being concerned with what actually happens in practice….(economics) is increasingly preoccupied with developing pseudo-mathematical formulas. These provide models of behavior which never quite fit what actually happens, in a way which resembles the physical sciences gone wrong: instead of equations describing reality, economics produces equations describing ideal conditions and theoretical clarity of a type which never occurs in practice’.
Which of the following best summarizes the argument of this paragraph?
Economics ought to be more like the physical sciences
Theoretical clarity is undesirable in economics
The physical sciences are wrong to emphasise mathematic formulae.
The physical sciences are wrong to emphasise mathematic formulae.
D.
The physical sciences are wrong to emphasise mathematic formulae.