dunc's a careful guy and a wonderland type too
this paper worries the thermo-util axis pretty hard
but he [produces the essential result
there's nothing remotely like a one product one price rule in actual market driving
and there's no way to form a unique and robust social welfare function
in anything remotely like a realistic exchange system
this adds fill to the skeptical blitz or relative blitz that has over run the samuelson paradigm
yes paul's best work and his heart remained with keynes and macro management
but did he press hard enough in the 70's and 80's ???
at any rate his foundations that choild prodigy magnum o
has long since drifted off the continent of the dismal science
like a calved ice berg
and as for fellow in law kenny straight arrow
he's the old toothless eskimo floating away on that calf
what does it profit you to be a socialist and never get past fixed point proofs
and the red queens deck of cards
going down with the ss rigorous proof ??
err melting away toward the equator ??
i wonder at 90 is he too out of it to notice
his waste ???
not that the younger of the older generations has much to crow about
take my main man
cousin it
joe lamb chop stiglitz
progressive poli econ happy sad sack
why the guy's stared into the teeth of so many genteel neck tied audiences
and said basically the same damn thing to em so many times
he's become like that cement pancho they used to have at taco bell drive thru
" welcome too dah bell ladieeese and yentelmennnss todays espechals are ... so jew want to order now ??
den yust speeek into my mouwwwth "