Re: Harvard rejects alternative eco course

[Andrew Mearman <ajmearman@xxxxxxxxx>]

I wonder if Chip's question was rhetorical, or at
least pointed to the epitemological foundations of
truth.

Setting that aside and referring to the claim below,
*even if we can* posit that if the government is a
price setter and that this "fixes" an element of the
system, it is merely one element, and the remainder of
the system might remain open. The system might be more
closed than before, but one cannot claim that it is
closed to the degree necessary to undertake
unmitigated deductions. Even if we think we have
identified fundamental axioms (which is a strong claim
indeed) this does not guarantee a closed system and
thus does not justify unmitigated deduction.

Andrew

>
> The government's monetary system is 'imposed' on the
> real economy, particularly via taxation.  It is a
> public monopoly, for all practical purposes, and
> Govt
> is thereby 'price setter.'  This reality
> allows one to use a closed system of deductive
> logic and make 'truth' statements in this context.
>
>

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