Wednesday, July 10, 2013

frank fisher and market systems

looking  at fisher's sum up "the stability of general  equilibrium "

I conclude
market systems  are the product of protracted  historical processes
attempts to ab ovo  the system ala jehovah

by constructing  a ground up  "mechanistic"  system
and calling it a model of any real system
 the wizards from  edgeworth to arrow
end up in wonderland


by trying  to explain too much => you're shooting yourself  down the rabbit hole