Re: Re: Re: Critique of mathematical economics (extended after ...

2001-02-15 Thread Nemonemini
In a message dated 2/15/2001 7:37:29 AM Eastern Standard Time, [EMAIL PROTECTED] writes: A great number of economists, sociologists, and political scientists are attempting to do something approximating what you suggest.  I presume you are aware of the world-system school represented by Immanuel

Re: Re: Critique of mathematical economics (extended after conclusion : ))

2001-02-15 Thread Jeffrey L. Beatty
At 01:29 AM 2/14/01 EST, John Landon wrote: As we isolate an 'economy', even if we succeeded in the fundamentals of an analysis we would still have to look at its interaction with a host of other factors, including the option to invalidate the model by non-deterministic deciding to deequilibr

Re: Critique of mathematical economics (concluded)

2001-02-13 Thread Nemonemini
This was an interesting thread on mathematical economics, I learned a lot, and got some good leads. Thanks. I think Hahn's book is a good one to look at, along with the reference to Cottrell's recent book. I think we should commit on the price allocating computer in a bunker. Does anyone know

RE: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Forstater, Mathew
Justin writes: >"I like the book, but I _do_ buy the old Austrian take on the calculation problem, no "almost" about it. -jks" me: the socialist "calculation" debate was not about socialism versus capitalism, it was about whether or not neoclassical economics could apply to a "socialist" econ

Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Justin Schwartz
I like the book, but I _do_ buy the old Austrian take on the calculation problem, no "almost" about it. --jks > >I was very disappointed in Hodgson's book on this topic. Hodgson almost >buys >the old Austrian take on the calculation debate and seems to support the >view >that only markets ca

RE: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Forstater, Mathew
eswitching. -Original Message- From: J. Barkley Rosser, Jr. [mailto:[EMAIL PROTECTED]] Sent: Wednesday, February 07, 2001 12:02 PM To: [EMAIL PROTECTED] Subject: [PEN-L:7864] Re: RE: Re: RE: Critique of mathematical economics Well, of course one kind of mathematical economics can be used t

Re: Re: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread J. Barkley Rosser, Jr.
PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Wednesday, February 07, 2001 11:58 AM Subject: [PEN-L:7851] Re: Re: RE: Re: RE: Critique of mathematical economics On 7 Feb 01, at 8:44, Jim Devine wrote: > > I believe Debreu doesn't care enough about reality to d

Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread J. Barkley Rosser, Jr.
ones) can be overexploited to the point of collapse. Barkley Rosser -Original Message- From: Forstater, Mathew <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Wednesday, February 07, 2001 11:11 AM Subject: [PEN-L:7845] RE: Re: RE: Critique of mathematic

Re: Re: RE: Critique of mathematical economics

2001-02-07 Thread J. Barkley Rosser, Jr.
The most recent effort to pose the possibility of supercomputers doing decent central planning is presented in the book _Towards a New Socialism_ by W. Paul Cockshott and Allin Cottrell, 1993, Nottingham: Spokesman.   Not long after that there were debates about the arguments in t

Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread J. Barkley Rosser, Jr.
supply some references offlist to anybody who is curious about this. Barkley Rosser -Original Message- From: Forstater, Mathew <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Tuesday, February 06, 2001 7:43 PM Subject: [PEN-L:7830] RE: Re: RE: Critique of

Re: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Michael Pugliese
ginal ways. ... Michael Pugliese -Original Message- From: Jim Devine <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Wednesday, February 07, 2001 8:48 AM Subject: [PEN-L:7849] Re: RE: Re: RE: Critique of mathematical economics >Mat wrote: >>M

RE: Re: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Forstater, Mathew
o:[EMAIL PROTECTED]] Sent: Wednesday, February 07, 2001 11:09 AM To: [EMAIL PROTECTED] Subject: [PEN-L:7851] Re: Re: RE: Re: RE: Critique of mathematical economics On 7 Feb 01, at 8:44, Jim Devine wrote: > > I believe Debreu doesn't care enough about reality to deal with such issues. >

Re: Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Paul Phillips
On 7 Feb 01, at 8:44, Jim Devine wrote: > > I believe Debreu doesn't care enough about reality to deal with such issues. > > Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine > Jim, Didn't I hear somewhere that Debreu when he accepted his Nobel (sic) he said that he developed

Re: RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Jim Devine
Mat wrote: >Many of the key contributors to the gen eq. theory, e.g. Arrow and Hahn, >have stated that the most important function of these models is to show >how impossible it would be for it to hold in the real world, since the >assumptions that are required for the solution would likely neve

RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Forstater, Mathew
I was very disappointed in Hodgson's book on this topic. Hodgson almost buys the old Austrian take on the calculation debate and seems to support the view that only markets can evoke the 'tacit' knowledge underpinning discovery. Tacit knowledge and discovery can also play a role in policy formul

RE: Re: RE: Critique of mathematical economics

2001-02-07 Thread Forstater, Mathew
, Cambridge U. Press. -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] Sent: Tuesday, February 06, 2001 11:48 PM To: [EMAIL PROTECTED] Subject: [PEN-L:7837] Re: RE: Critique of mathematical economics In a message dated 2/6/2001 12:28:31 PM Eastern Standard Time, [EMAIL PROTE

Re: Critique of mathematical economics

2001-02-07 Thread Jim Devine
At 12:56 PM 02/07/2001 +0200, you wrote: >In terms of American educated >middle-class behavior, there was nothing at all 'rational' about the actions >of the Chechen fighters I met in 1994-6, or of the Somalis who immolated >themselves during the U.S. intervention. obviously they're rational, sin

Re: Re: RE: Critique of mathematical economics

2001-02-07 Thread Jim Devine
At 12:47 AM 02/07/2001 -0500, you wrote: >I recall a Fortune >article once claiming the Arrow-Debreu work was somehow the great proof of >capitalist allocation. Did they really prove their thesis of optimal >allocation? the claim is that the model proved the so-called "invisible hand thesis," i

Re: RE: Critique of mathematical economics

2001-02-06 Thread Nemonemini
In a message dated 2/6/2001 12:28:31 PM Eastern Standard Time, [EMAIL PROTECTED] writes: Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic equilibrium in the history of science, Cambridge, Mass.: MIT Press, 1990. Ingrao and Israel's book is a fine introduction to the Arro

RE: RE: Re: RE: Critique of mathematical economics

2001-02-06 Thread Lisa & Ian Murray
Matt F. >> > > I have seen two or three chapt. of Mirowski's new one, and it will create an > even bigger stir than his previous work, and that created quite a stir. *** Will it rattle Greenspan's neuron's or help Congress consider restructuring the Fed and the Treasury dept.?? Ian

RE: Re: RE: Critique of mathematical economics

2001-02-06 Thread Forstater, Mathew
the math or the assumptions or the way questions are asked or what questions are asked or not asked and so on that are the problems, not the math itself... -Original Message- From: Michael Perelman [mailto:[EMAIL PROTECTED]] Sent: Tuesday, February 06, 2001 11:30 AM To: [EMAIL PROTECTED

Re: Re: Re: RE: Critique of mathematical economics

2001-02-06 Thread Jim Devine
At 01:38 PM 2/6/01 -0500, you wrote: > I happen to enjoy Mirowski's' books and >think he makes a lot of valid and useful points. >But, I also think that he overdoes it. >Mathematics is strictly abstract. while reality involves both abstraction and concreteness. Jim Devine [EMAIL PRO

Re: Re: RE: Critique of mathematical economics

2001-02-06 Thread J. Barkley Rosser, Jr.
position of the post-autistic group and also Mirowski, although sometimes it does not seem like it). Barkley Rosser -Original Message- From: Michael Perelman <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> Date: Tuesday, February 06, 2001 12:33 PM Subject: [PE

Re: RE: Critique of mathematical economics

2001-02-06 Thread Michael Perelman
Mirowski's More Light than Heat is terrific -- except for his anti-Marx part; His new book, Machine Dreams, is magnificent, based on the single chapter I have read. It will appear in july. "Forstater, Mathew" wrote: > Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic > equ

RE: Critique of mathematical economics

2001-02-06 Thread Forstater, Mathew
Check out Bruno Ingrao and Giorgio Israel, The invisible hand: economic equilibrium in the history of science, Cambridge, Mass.: MIT Press, 1990. -Original Message- From: Charles Brown [mailto:[EMAIL PROTECTED]] Sent: Tuesday, February 06, 2001 9:48 AM To: [EMAIL PROTECTED] Subject: [PEN