Functional Explanation Again

Lisa & Ian Murray seamus at accessone.com
Thu Mar 22 16:33:37 PST 2001



> >Don't do it Yoshie! :-) Marx into equilibrium doth not go.
> >
> >Ian
>
> Morishima claims that Marx was the first great general equilibrium theorist.
> And Roemer isn't an equilibrium theorist; his models illustrtae
> counterexamples to certain interpretations of Marxism claims. He doesn't
> care about clearing markets, much. Despite his alleged commitment to
> neoclassical approaches, his interest is more Hayekian, in information.
> --jks
*******

Well, couldn't we make the claim that he was the first great non-equilibrium theorist and the grandfather [perhaps along with List] of cumulative causation--as well as passages intimating increasing returns?

Ian



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