Wage determination and 'the general theory'...

[anon0e50@xxxxxxxxxxxxx (Name withheld by request)]

I find it fascinating that most of us are captivated by the notion--and
existance--of what we commonly refer to as a general theory; that is, some
'grand theory of unification' that will unite all the forces--and
markets--in some simple model as is the goal of modern physicists!

Besides a priori and 'logical' reasons for such a persuit, it seems
somewhat conceeded for us economists to search for this mythical golden
fleece. What if there is no "general theory," but rather something totally
different! I do not know what it is--but i have a visceral feeling that it
is not some grand theory we all hope to find one day.

Perhaps I am the one who is somewhat skeptical of the evidence at hand;
perhaps I view the evidence as spurious rather than sound' "evidence" of
course refering to the purported evidence... such as:

links between all markets...labor, capital, consumer, money, etc.
the effects of money and prices on consumption, investment, & savings
institutional effects
et. al...

The fact of the matter is--we have VERY LITTLE evidence supporting these
claims.

I would like your thoughts on this matter; please repsond.

Sincerely,

David Talanm
BLS