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" A model is nothing more than a story (or, as the economist Weintraub puts it, an autobiography),29 and through errors in current (otherwise well-functioning) models and abstractions we find ways to new stories. The residue that does not fall into the equations of current theories often holds in itself a hidden key to new horizons. Scientists therefore should not round off their errors but, on the contrary should devote maximum attention to them, because it is probably within them that it is possible to find the rudiments of a completely new (perhaps better) axiomatic system. "

Tomáš Sedláček , Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Street


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Tomáš Sedláček quote : A model is nothing more than a story (or, as the economist Weintraub puts it, an autobiography),29 and through errors in current (otherwise well-functioning) models and abstractions we find ways to new stories. The residue that does not fall into the equations of current theories often holds in itself a hidden key to new horizons. Scientists therefore should not round off their errors but, on the contrary should devote maximum attention to them, because it is probably within them that it is possible to find the rudiments of a completely new (perhaps better) axiomatic system.