Jim Farmelant <farmelantj at juno.com>:
> A statement, which as far as these things go,
> is pretty much a common place in the philosophy
> of science. There are certainly plenty of
> examples in the history of science of
> theories continuing to be widely accepted
> by scientists despite their inconsistencies
> with empirical data because at the time
> there were no good alternative theories
> to replace them. So I think Laibman
> does have a point here,
You talk as if economics were a science. If an economic theory is at odds with empirical reality, it's probably bourgeois ideology speaking.
Doug