[ show plain text ]
I think the various responses to Paul's original message suggest that the
question he raised isn't paradoxical, at least in the sense in which (e.g.)
Russell's set-theory paradoxes are paradoxical.
But two more general questions suggest themselves:
(1) can a dialectical theory such as Marx's indeed be the victim of paradox
in the above sense?
My intuition would be that it can't.
(2) are there any genuine paradoxes in other economic schools of thought?
All the alleged paradoxes that I can think of offhand seem to be really
either
(a) counter-intuitive theorems (e.g. the Keynesian paradox of thrift), or
(b) inconvenient empirical refutations of dogma (e.g. the Leontief paradox).
Game theory strikes me as a possible source of genuine paradoxes -- any
comments?
Julian
This archive was generated by hypermail 2b29 : Mon Jan 31 2000 - 07:00:06 EST