No. No. No. Ask any grad student in economics. The death of a bazillion cuts occurs in grad school. Once you return to life, you are a hardened economist who has invested years in learing that stuff. Throwing it away is a painful confession.
On Sat, Sep 20, 2003 at 08:11:49PM -0700, Eubulides wrote: > > Methinks the equilibrium analogy will need to die the death of a bazillion > cuts, given that it seems to be part and parcel of a Lakatosian hard-core > for a significant number of economists. Meanwhile, ecologists, chemists, > computer scientists etc. have displaced the concept's importance with > respect to theory/observation in their respective domains of > inquiry............. > > The thing that gets me is how much equilibrium thinking in much econ. is > teleological thinking in disguise. A couple of years ago I saw Greenspan > on CSPAN mention the words "long term equilibrium path..." I broke out in > laughter before he finished. As if he could know what the > political-economy-ecology will be like in 2007. > > > Ian -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
