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Re: Relevant is Pragmatism not Physics
Dear Gunnar,
Economics is art not science. Einstein was no economist.
Keynes is dead -- I and you cannot bring him to chose
between us. Were he alive, he might be just as wrong
as you or Einstein. He might be as right as I am.
We are not in agreement on the logic of the logical-
empirical problem. How about the empirical and
values end of things? Are we in agreement on the
purpose of modern economics? Is it to end poverty
and pollution, etc.? Or is to discover purpose in
humans as though they were ants or dumb animals?
Best to you,
John
====================================
You wrote:
John:
Absent clarity on first principles, "pragmatism" in economics, as in
physics, is PR for muddled thinking.
For, as Einstein wrote in 1949:
"Science without epistemology is - insofar as it is thinkable at all -
primitive and muddled."
Keynes never suggested otherwise.
Gunnar
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