Richard Stallman writes:
> This is extremely unfair to people like myself who practice
> neoclassical economics for its scientific rigor and explanatory power
>
> Economics can at best explain the behavior of people that are
> motivated mainly by the kinds of concerns that economics deals with.
> To model any activity economicaly is to assert that the people
> involved do not care much about non-economic concerns.
But Richard, when people make a decision, they don't distinguish
between their monetary concerns and any other concerns. Any economic
analysis which fails to include your "non-economic concerns" is a
failure, because it's not going to predict how real people behave.
--
-russ nelson <sig@russnelson.com> http://russnelson.com
Crynwr sells support for free software | PGPok | Government schools are so
521 Pleasant Valley Rd. | +1 315 268 1925 voice | bad that any rank amateur
Potsdam, NY 13676-3213 | +1 315 268 9201 FAX | can outdo them. Homeschool!