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" ... It was (and often still is), in fact, as I wrote, a form of cargo cultism, because the explicit intent was to make economics more like the physical sciences through the use of mathematical formulae; whereas in actual fact, the reason why the physical sciences are exact is not because they use math, but because they use controlled experiments. If we use math like the physicists, economics will become an exact science like physics. Let's mistake the outer aspects of the thing for its substance, and imitate the outer aspects in order to get the substance. This is exactly what we mean when we talk about a cargo cult. ... "