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Posted on entry "I don't need to know the details." ::: September 24, 2007, 11:25 AM:
There *are* some models that do a VERY good job at relieving the requirement that one understand the details. Thermodynamics is probably the best such example, but in analyzing many situations one can use logic to find terms that cancel out and can then ignore those terms (as in all objects falling equally fast in vacuum because mass is on both sides of the equation so it cancels out).
Neoclassical economic models *do* show some of this strength, but only if used *very* carefully, e.g. if maximum attention is paid to the exact meaning of the assumptions, those are recognized to be assumptions, and in general the process of turning symbols back into concepts is a faithful reversal of the initial. process of turning concepts into symbols.

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