Critical Review 7 (2-3):423-444 (1993)
|Abstract||Most economists?old and new classical, old and new Keynesian, and Austrian (as embodied in O'Driscoll and Rizzo's The Economics of Time and Ignorance) postulate an immutable reality unchangeable by any human action (the ergodic hypothesis). They differ only over the amount of information decisionmakers have, in the short run, about this unchanging reality. Keynes and the Post Keynesians provide an axiomatic alternative model that presumes a transmutable economic reality (i.e., it postulates a nonergodic environment). Runde, Torr, Prychitko, and Boehm and Farmer fail to adequately address this dichotomous analysis of reality in responding to my review of O'Driscoll and Rizzo's book.|
|Keywords||No keywords specified (fix it)|
|Categories||No categories specified (fix it)|
|Through your library||Configure|
Similar books and articles
Christopher Torr (1993). >What Can Austrian Economists Learn From the Post Keynesians? Reply to Davidson. Critical Review 7 (2-3):399-406.
David L. Prychitko (1993). After Davidson, Who Needs the Austrians? Reply to Davidson. Critical Review 7 (2-3):371-380.
Paul Davidson (1989). The Economics of Ignorance or Ignorance of Economics? Critical Review 3 (3-4):467-487.
J. L. Schellenberg (2005). The Hiddenness Argument Revisited (II). Religious Studies 41 (3):287 - 303.
H. E. Baber (1987). How Bad Is Rape? Hypatia 2 (2):125 - 138.
H. M. Malm (1989). Commodification or Compensation: A Reply to Ketchum. Hypatia 4 (3):128 - 135.
P. X. Monaghan (2010). A Novel Interpretation of Plato's Theory of Forms. Metaphysica 11 (1):63-78.
Tang Yijie & Yan Xin (2008). The Contemporary Significance of Confucianism. Frontiers of Philosophy in China 3 (4):477 - 501.
Peter J. Taylor (1994). Shifting Frames: From Divided to Distributed Psychologies of Scientific Agents. PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1994:304 - 310.
Dale Hample, Bing Han & David Payne (2010). The Aggressiveness of Playful Arguments. Argumentation 24 (4):405-421.
Robert Batterman (1992). Quantum Chaos and Semiclassical Mechanics. PSA: Proceedings of the Biennial Meeting of the Philosophy of Science Association 1992:50 - 65.
Added to index2011-10-18
Total downloads7 ( #133,420 of 549,068 )
Recent downloads (6 months)2 ( #37,252 of 549,068 )
How can I increase my downloads?