Michael Perelman wrote: > > > Economists regard this stubborn resistance to be good science. > Predictably, the troubling questions raised by Lester and Card had no > effect. Economists' beloved micro-foundations and their faith in market > efficiency remained invulnerable -- so much so that economists today rarely > even bother to publish research about the core of economic theory. In this > environment, economists can continue to use their transaction-based theory > without the inconvenience of dealing with work, workers, or working > conditions. But by removing work, workers, and working conditions from > their theory, economists blind themselves to the kind of inefficiencies > that this book shows, especially in Chapter 9.
Some sociologist should do a coparative study of the Seventh Day Adventists, Neoclassical economics, and the SWP(1950-75). I'm sure the similarities are profound. Carrol _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
