On Thu, 16 Feb 1995 20:46:19 -0800 Eugene Coyle said: >He didn't use the word story, but Paul Samuelson, in >conceding defeat in the Cambridge controversey, called >neo-classical marginalism a parable. I think it was in >the QJE but don't recall what year. Early '70s I think. >Parable is a good word for it. Gene Coyle The theory of optimal growth was called a "parable" at the beginning, though I'd bet that this practice has faded. Some Chicago-schoolers probably think that optimal growth would be reality if it weren't for the government. in pen-l solidarity, Jim Devine [EMAIL PROTECTED] or [EMAIL PROTECTED] Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA 310/338-2948 (daytime, during workweek); FAX: 310/338-1950 "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- K. Marx, paraphrasing Dante.
