Well, the Bowles firing may not have been about Marx...
        Too bad! (;-)
G. 


On 2012-04-18, at 11:39 AM, Michael Nuwer wrote:

> On 4/18/2012 11:57 AM, Eugene Coyle wrote:
>> 
>>      Can you give us some examples of the Gintis you mention?
>> 
> 
> 
> "I gave up on Marxian economics when I saw that the central idea of 
> labor/labor-power could be handled as a principal-agent problem."
> 
> http://khufu.openlib.org/~tchecndg/archive/1999/0360.html
> 
> (See Ernesto Screpanti, The Fundamental Institutions of Capitalism, 
> Chapter 1, for a discussion of how a capital-labor relationship  differs 
> from a principle-agent relationship, that is, why Gintis might be wrong.)
> 
> 
> In Chapter 3 of The Changing Face of Economics: Conversations with 
> Cutting Edge Economists, David Colander, Richard P. F. Holt, and J. 
> Barkley Rosser, Jr. there is an interview with Gintis. In it he is all 
> about scientific truth and it's independence from politics.
> 
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