----- Original Message ----- From: "Charles Brown" <CharlesB at cncl.ci.detroit.mi.us>
> Sounds good. What happens when people, billions of them, can't agree
> on what those values should be and some of them have weapons of mass
> destruction? The problem is far bigger than the way some people
think
> neoclassical economics is or is not being operationalized by
corporate
> managers and government policymakers.
>
> %%%%%%%
>
> CB: If you want to know what happens in this scenario of some people
with weapons of mass destruction, look at the last 55 years. The U.S.
dropped a couple. That's an old situation. The newer situation is the
neoclassical thrust around the world, and the latter is what increases
the danger, and makes the problem newly bigger.
=============
And the US wasn't operationalizing earlier versions of neoclassical economics when it dropped those bombs? Corporate managers are not reading Paul Krugman's textbooks when they strategize how to sell more cigarettes in Thailand or more laundry soap in Czheckoslovakia. The various permutations of neoclassical economics are over 100 years old; more importantly perhaps is the 200+ years of liberal notions of property and contract and until lefties come up with alternatives to the legal and political theories that inform policy making and juridical decision making that increase the scale and scope of human freedom in a manner that lead us out the iron cage of neoclassical economic-politico-legal theories.....
Posted on pen-l by Michael Pugliese but definitely worth a read:
<
http://www.igc.org/cdv/Discussion/discussion-david-belkin-riposte.html
>
Ian