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- Mathematics has been used to justify regressive ideologies like greed, racism, and classism, highlighting the potential for math to be used for destructive purposes.
- Accounting, a simple application of math, can be misused as seen in the Enron scandal, emphasizing the need for thorough practices and understanding the limitations of mathematical models.
Deep dives
Thomas Robert Malthus and the Misapplication of Exponential Growth
Thomas Robert Malthus, a macro economist, observed an exponential increase in population over time with a linear increase in food production. This misapplication of exponential growth assumes a trend will continue forever. However, it fails to account for other macroeconomic trends and evolutionary mechanisms that regulate population growth. Malthus' theories have been used to justify harmful ideologies, such as racism and classism, and continue to be misused in neo-Malthusianism and eco-fascism.
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