[lbo-talk] Physics and Economics

[michael perelman]

Jim Devine posted an article on Benoit Mandelbrot on my pen-l list 
condemning economists' appropriation of physics.  I covered some of the 
humorous history of the economists' machinations at becoming physics 
like in The Invisible Handcuffs. You will especially appreciate the 
exchange between Macleod and James Clerk Maxwell.

Mandelbrot:

http://www.sciam.com/blog/60-second-science/post.cfm?id=benoit-mandelbrot-and-the-wildness-2009-03-13

The extract from my book:

http://michaelperelman.wordpress.com/2009/03/16/physics-and-economics/
-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com