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Re: Mirowski on Nash's "brilliant insight"



just because Nash was crazy doesn't mean that he was always wrong. However, the popularity of his concept of equilibrium may reflect the craziness of the economics profession.
 
BTW, a game matrix can be seen as a simplified picture of a social structure. The motivations of the "players" don't have to be the narrow greediness of _homo economicus_ or the paranoid. In the Hargreaves-Heap/Varofakis book, for example, they examine the behavior of those who follow Kant's categorical imperative. Obviously, this produces different results.
 
 
JD


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