---
title: "Mathematics"
chunk: 8/10
source: "https://en.wikipedia.org/wiki/Mathematics"
category: "reference"
tags: "science, encyclopedia"
date_saved: "2026-05-05T03:56:46.299650+00:00"
instance: "kb-cron"
---

Often the fundamental postulate of mathematical economics is that of the rational individual actor – Homo economicus (lit. 'economic man'). In this model, the individual seeks to maximize their self-interest, and always makes optimal choices using perfect information. This atomistic view of economics allows it to relatively easily mathematize its thinking, because individual calculations are transposed into mathematical calculations. Such mathematical modeling allows one to probe economic mechanisms. Some reject or criticize the concept of Homo economicus. Economists note that real people have limited information, make poor choices, and care about fairness and altruism, not just personal gain.
Without mathematical modeling, it is hard to go beyond statistical observations or untestable speculation. Mathematical modeling allows economists to create structured frameworks to test hypotheses and analyze complex interactions. Models provide clarity and precision, enabling the translation of theoretical concepts into quantifiable predictions that can be tested against real-world data.
At the start of the 20th century, there was a development to express historical movements in formulas. In 1922, Nikolai Kondratiev discerned the ~50-year-long Kondratiev cycle, which explains phases of economic growth or crisis. Towards the end of the 19th century, mathematicians extended their analysis into geopolitics. Peter Turchin developed cliodynamics in the 1990s.
Mathematization of the social sciences is not without risk. In the controversial book Fashionable Nonsense (1997), Sokal and Bricmont denounced the unfounded or abusive use of scientific terminology, particularly from mathematics or physics, in the social sciences. The study of complex systems (evolution of unemployment, business capital, demographic evolution of a population, etc.) uses mathematical knowledge. However, the choice of counting criteria, particularly for unemployment, or of models, can be subject to controversy.

== Philosophy ==

=== Reality ===
The connection between mathematics and material reality has led to philosophical debates since at least the time of Pythagoras. The ancient philosopher Plato argued that abstractions that reflect material reality have themselves a reality that exists outside space and time. As a result, the philosophical view that mathematical objects somehow exist on their own in abstraction is often referred to as Platonism. Independently of their possible philosophical opinions, modern mathematicians may be generally considered as Platonists, since they think of and talk of their objects of study as real objects.
Armand Borel summarized this view of mathematics reality as follows, and provided quotations of G. H. Hardy, Charles Hermite, Henri Poincaré and Albert Einstein that support his views.

 Something becomes objective (as opposed to "subjective") as soon as we are convinced that it exists in the minds of others in the same form as it does in ours and that we can think about it and discuss it together. Because the language of mathematics is so precise, it is ideally suited to defining concepts for which such a consensus exists. In my opinion, that is sufficient to provide us with a feeling of an objective existence, of a reality of mathematics ...
Nevertheless, Platonism and the concurrent views on abstraction do not explain the unreasonable effectiveness of mathematics (as Platonism assumes mathematics exists independently, but does not explain why it matches reality).

=== Proposed definitions ===

There is no general consensus about the definition of mathematics or its epistemological status—that is, its place inside knowledge. A great many professional mathematicians take no interest in a definition of mathematics, or consider it undefinable. There is not even consensus on whether mathematics is an art or a science. Some just say, "mathematics is what mathematicians do". A common approach is to define mathematics by its object of study.
Aristotle defined mathematics as "the science of quantity" and this definition prevailed until the 18th century. However, Aristotle also noted a focus on quantity alone may not distinguish mathematics from sciences like physics; in his view, abstraction and studying quantity as a property "separable in thought" from real instances set mathematics apart. In the 19th century, when mathematicians began to address topics—such as infinite sets—which have no clear-cut relation to physical reality, a variety of new definitions were given. With the large number of new areas of mathematics that have appeared since the beginning of the 20th century, defining mathematics by its object of study has become increasingly difficult. For example, in lieu of a definition, Saunders Mac Lane in Mathematics, form and function summarizes the basics of several areas of mathematics, emphasizing their inter-connectedness, and observes:

the development of Mathematics provides a tightly connected network of formal rules, concepts, and systems.  Nodes of this network are closely bound to procedures useful in human activities and to questions arising in science. The transition from activities to the formal Mathematical systems is guided by a variety of general insights and ideas.
Another approach for defining mathematics is to use its methods. For example, an area of study is often qualified as mathematics as soon as one can prove theorems—assertions whose validity relies on a proof, that is, a purely logical deduction.

=== Rigor ===