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Re: Interest Rates and inflation
----- Original Message -----
From: "Bruce McFarling" <ecbm@xxxxxxxxxxxxxxxxxxx>
>
> Of course, the challenge is based on the truly bizarre
> premise (but very conventional within mainstream economics,
> which is a reason economics is such an odd duck in the
> social sciences) that an economic relationship does not
> exist unless it can be expressed as an equation. "Mechanism,
> mechanism, uber alles".
>
===========
To be is to be quantifiable -- an algorithm.
Yet the truth or falsity of the above statement cannot be verified
quantifiably.
Ian
- Thread context:
- Re: Deficit - so what?, (continued)
- Re: Interest Rates and inflation,
Bruce McFarling Thu 29 Nov 2001, 02:02 GMT
- Holy Writ, Free Lunch, Auto-pilot: NOT,
John Gelles Wed 28 Nov 2001, 23:05 GMT
- Holy Writ,
J. Barkley Rosser, Jr. Wed 28 Nov 2001, 21:43 GMT
- Re: Holy Writ,
John Gelles Wed 28 Nov 2001, 22:40 GMT
- Message not available
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