Re: New York Times on Scarcity

[Sabri Oncu <soncu@xxxxxxxxxxx>]

Jim:

> As far as I could tell, you were saying that
> because Nash was crazy, NE was wrong in some
> sense.

Jim,

It was Mirowsky who wrote those pieces Ted sent, not
Ted.

I happen to have read the book too and I must confess
that I was greatly influenced by his Machine Dreams,
as well as by his other books such as More Heat than
Light.

But I never thought that Mirowsky was arguing that NE
was wrong because Nash was crazy.

My reading of Mirowsky is that he argues that Nash
formulated the problem the way he did because he was
paranoid schizophrenic. I don't think Nash's paranoid
schizophrenic equilibrium is wrong. I just think it is
paranoid schizophrenic.

I think this is what Mirowsky thinks too.

Best,

Sabri