#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

2675.202 - 2694.375 Jennifer Burns

But at that point in time, late 19th century, a model is something like a physicist does. Like think of like an inclined plane and how fast does the ball roll from one to the other. It's a physical representation of the world. And eventually economists will start to create mathematical representations of the world. But we're not quite there yet. So we're in the late 19th century.