Oversimplifying leads to confidently wrong predictions based on superficial understanding. Basic intuition about differential equations doesn't meaningfully help you with the math of economic models, nor is math alone enough to understand what happens in a complex system made of people.
You may be better off not knowing anything and knowing that you don't.
Edit: Not to say it's good not to know things in general. Just that there's some minimum you need to know for it to practically help you, and sometimes it's a lot.
You may be better off not knowing anything and knowing that you don't.
Edit: Not to say it's good not to know things in general. Just that there's some minimum you need to know for it to practically help you, and sometimes it's a lot.