No Rakesh, What I am saying is that your response to the transformation process technically involves supporting models in which you have more unknowns than equations--whether these be algebraic (which you justly criticise) or differential. At 12:22 20/10/00 -0700, you wrote: >I must say that I am bewildered by Steve's charge that I am >attempting to bury the putative litmus test of >science--falsifiability. (The demarcation problem between science and >pseudo science or--what is not the same thing-- science and >metaphysics is obviously quite a bit complicated than Steve is >letting on; Popper did afer all defend the meaningfulness of >metaphysics). > >At any rate, perhaps he has heard of the bold, clearly falsifiable >predictions which have been made on the basis of the Marxian value >theory which I am attempting to defend against the charge of fatal >logical error? > >Grossmann's in regards the imminent catastrope of the capitalist system (1929)? >Mattick Sr's in regard to the limits of the mixed economy (1969)? > >Wasn't the latter perhaps the boldest actually confirmed prediction >made in post WWII social science? > >All the best, Rakesh > > Dr. Steve Keen Senior Lecturer Economics & Finance University of Western Sydney Macarthur Building 11 Room 30, Goldsmith Avenue, Campbelltown PO Box 555 Campbelltown NSW 2560 Australia s.keen@uws.edu.au 61 2 4620-3016 Fax 61 2 4626-6683 Home 02 9558-8018 Mobile 0409 716 088 Home Page: http://bus.macarthur.uws.edu.au/steve-keen/
This archive was generated by hypermail 2b29 : Tue Oct 31 2000 - 00:00:10 EST