Yesterday I
learned more about production function. You might notice that I am studying economic.
But I am still doing the 101 stuff.
I do not care
so much about the theory of the production function. I care more about the
question “Do production functions describe in any kind the production of a
plant or company?” If the answer to this question is no, why do we analyze this
strange functions? If the answer is yes, I would have a reason to learn more
about production functions.
As being a trained
physicist, I know that such a question is difficult to answer. To my surprise
nobody even tried to give us with information out of the reality. The question,
whether the production function has something to do with reality was even seen
as an uninteresting question. I could not believe it.
I made a test
and looked into the introduction books of economic. I could not find a comparison
between the production theory and reality.
Is
it right that economic does not care whether it has anything to say about
reality? I have never seen such a behavior in physics. Sorry, that is not true.
String theorists have also the attitude that they do not care so much about the
reality
