Abstract

Brenner's ‘The Economics of Global Turbulence’ has induced a flood of responses, the vast majority of them critical, especially on grounds of method and theory. Tony Smith1 is an exception in seeking to defend Brenner, mostly by pushing his arguments further and by attacking his critics, including ourselves. In part, Smith interprets Brenner and credits him with positions that he can either defend for himself or, as we suspect, reject. Our concern in this reply is not to address issues through the prism of Brenner but to assess Smith's own contribution critically on its own terms and merits.