Re: [OPE-L] how can you calculate efficiency?

From: michael perelman (michael@ECST.CSUCHICO.EDU)
Date: Fri Apr 01 2005 - 12:27:29 EST


Gerald_A_Levy@MSN.COM wrote:

>Wolff claims that efficiency studies then assert a "hegemonic principle of selectivity."
>
>
Yes, that much is certainly consistent with my perspective.  I would not
go so far as to imply an infinite array of possibilities.

>
>Thus, in contrast to Michael P's critique of market-based calculations
>of efficiency,  Rick's critique is grounded in his "overdeterminist view
>of the world"  and could be equally applied as a critique of calculating
>efficiency in non-capitalist modes of production.
>
Here I would part ways with Rick.  Socialist planners CAN be wrong, but
they need not be.  Also, "wrong"


--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901


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