Friday, November 23, 2012

The usage of mathematics


Management would benefit from self-restraint in regard to the usage of mathematics.
Alfred Marshall made some useful suggestions:

 1)Use mathematics as shorthand language, rather than as an engine of inquiry.
 2)Keep to them till you have done.
3)Translate into English.
4)Then illustrate by examples that are important in real life
5)Burn the mathematics.

If you can’t succeed in 4, burn 3. This I do often.

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