Re: Alfred Marshall -Reply

[GREG RANSOM <GRANSOM@xxxxxxxxxxxxxx>]

Ric, if you read Hayek in his TPTofC closely you will see that that he is
concerned with path-dependent historical time.  It is just the fact that
the past is beyond our control and closed, while the future is open-ended
and subject to alteration by our considered plans and actions (and not
the bogus-'Austrian' position used as a straw-man by Davidson) that their
is any structure to the logic of planning under the assumption of forseeable
change (i.e. the forseeable changes of the seasons or the forseeable
non-permanence of fresh cherries, etc.  -- for the purposes of articulating
the tacit background structure for the logic of choice hyperbolic scept-
icism about the possible disappearance of seasonal changes or fresh fruit
wasting is of no interest).  For Hayek planning with the consideration of
forseeable change (e.g. intertemporal equilibrium thinking) takes place only
after learning and discovery of unanticipated change in a closed past --
i.e. only with the advance of historical time.  Learning and discovery is
the central contingent causal explanation in Hayek -- and just what gives us
the possibility of speaking of history.  It's right there in the center
of Hayek's work, starting in his famous 1937 paper and implicit again and
again throughout his  TPTofC.

Greg Ransom