As far as the use of mathematics in economics is concerned, there is an abundance of formulas where such are not needed. They are frequently introduced, one fears, in order to show off. The more difficult the mathematical theorem, the more esoteric the name of the mathematician quoted, the better.
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Oskar Morgenstern, "Limits of the Use of Mathematics in Economics," in: James C. Charlesworth (Hg.), Mathematics and the Social Science. The Utility and Inutility of Mathematics in the Study of Economics, Political Sciences and Sociology, Philadelphia 1963, S. 12-29, hier S. 18.