On 10/5/07, raghu <[EMAIL PROTECTED]> wrote: > I meant that behaviorist criticisms can be (and are) "explained away" > while preserving the selfish economic agent by introducing extra > variables as needed, and therefore are as harmless to the neoclassical > theory ...
In the end, it's not battles on the level of ideology that are important. Ptolemaic astronomy probably died because of the growing European need for navigation and the like, along with the "scientific revolution." Neoclassical economics will go away when there are massive economic disasters and social upheavals. It actually did go away in a big way during the 1930s. Alas, like a bad penny, it came back. -- Jim Devine / "The truth is at once less sinister and more dangerous." -- Naomi Klein.
