It is a terrific book.

On Wed, Feb 27, 2013 at 9:57 AM, Jayson Funke <[email protected]> wrote:
> I found Philip Mirowski's "Machine Dreams" to be one of the better books on
> this subject.
>
> Jayson
>
>
> On Wed, Feb 27, 2013 at 12:52 PM, michael perelman
> <[email protected]> wrote:
>>
>> Arrow's impossibility  theorem  was intended to show how the Soviets
>> had an advantage over the "democracies" because of their "collective"
>> decision-making.
>>
>> On Tue, Feb 26, 2013 at 5:17 PM, Jim Devine <[email protected]> wrote:
>> >> According to Haering and Douglas, the RAND Corporation, a privately
>> >> financed American think-tank, played a pivotal role. Using funds
>> >> provided by the Ford Foundation, RAND funded research projects of
>> >> subsequent Nobel laureates Kenneth Arrow and James Buchanan, who
>> >> persuasively questioned the legitimacy and efficiency of collective
>> >> decision-making.
>> >
>> > Correct me if I'm wrong, but didn't Arrow argue that collective
>> > decision-making didn't work well even if done via markets? Buchanan is
>> > a different animal altogether.
>> >
>> >
>> > --
>> > Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
>> > own way and let people talk.) -- Karl, paraphrasing Dante.
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>>
>>
>>
>> --
>> Michael Perelman
>> Economics Department
>> California State University
>> Chico, CA
>> 95929
>>
>> 530 898 5321
>> fax 530 898 5901
>> http://michaelperelman.wordpress.com
>> _______________________________________________
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>
>
>
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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