Sandwichman wrote: > The thing that gets me is that ALL of these models are models of "markets" > without so much as boo about whether the metaphor of a market is adequate to > the phenomenon being studied.
Economists use observational data. Whatever may be available. In this world we live in, because that's the world we live in, most economic data are going to be generated by "mechanisms" (cause-effect chains) in which markets play some role. When we change society and uproot markets, and new social processes are in place, then we'll have different data. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
