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There seems to be an unused resource: /info/en/?search=File:Neo-Laffer_curve.svg which nicely illustrates how the real "curve" would be wildly more complex. It seems it could compliment the similar plot that's already in the section: #Use_in_supply-side_economics (which lacks a visual reference to the "curve" presumption the article is nominally about). DKEdwards ( talk) 01:22, 24 November 2019 (UTC)
I wonder whether we need this passage:
Yes, a standard result indeed. It effectively says that a curve between two points has a point (or several points) where it takes a maximum value. That should be thought self-evident by any non-mathematician once they understand the question.
Mathematicians think: "Hm. That seems to be trivial, but are there cases where it is not true?" And the point for them is to prove it also for the weirdest of cases. Economists seldom bother even to discuss why they think the function can be regarded as continuous (which it mostly isn't, strictly speaking).
Citing mathematical theorems in the intro makes many readers think that the article is about a complex technical term, not the simplifying pedagogic aid it is. All of the points in the article should be understandable with no training in mathematics beyond the basics.
![]() | This is an archive of past discussions. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Archive 1 | Archive 2 | Archive 3 |
There seems to be an unused resource: /info/en/?search=File:Neo-Laffer_curve.svg which nicely illustrates how the real "curve" would be wildly more complex. It seems it could compliment the similar plot that's already in the section: #Use_in_supply-side_economics (which lacks a visual reference to the "curve" presumption the article is nominally about). DKEdwards ( talk) 01:22, 24 November 2019 (UTC)
I wonder whether we need this passage:
Yes, a standard result indeed. It effectively says that a curve between two points has a point (or several points) where it takes a maximum value. That should be thought self-evident by any non-mathematician once they understand the question.
Mathematicians think: "Hm. That seems to be trivial, but are there cases where it is not true?" And the point for them is to prove it also for the weirdest of cases. Economists seldom bother even to discuss why they think the function can be regarded as continuous (which it mostly isn't, strictly speaking).
Citing mathematical theorems in the intro makes many readers think that the article is about a complex technical term, not the simplifying pedagogic aid it is. All of the points in the article should be understandable with no training in mathematics beyond the basics.