Mirowski is saying something else, which is important. Economists pretended that they were emulating physics. But they could not because there is no limiting function to their Langrangians -- no conservation of energy or matter.
That certainly is not the most damning indictment of economics, but an interesting one. On Mon, Apr 07, 2008 at 01:33:35PM -0400, Max B. Sawicky wrote: > I agree with the responses below. The article looks weak to me. There is > plenty to > criticize in NCE, but not much of that is in the article. > In principle you can include non-market factors that might otherwise be > defined as 'inlets' or outlets. > The problem seems to be more with practice than principle, in this context > at least. > > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
