RE: [OPE] Paul Kruman, "The Theory of Interstellar Trade"

From: Michael Williams <michael.williams.j@googlemail.com>
Date: Tue Oct 14 2008 - 04:19:26 EDT

It's a joke, Jerry, it's a joke, with, incidentally a few side swipes at the
weaknesses of 'modelling without theory'.

 

michael

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Dr Michael Williams, BA, MSc, PhD

 

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From: ope-bounces@lists.csuchico.edu [mailto:ope-bounces@lists.csuchico.edu]
On Behalf Of Gerald Levy
Sent: 14 October 2008 08:55
To: Outline on Political Economy mailing list
Subject: [OPE] Paul Kruman, "The Theory of Interstellar Trade"

 

Perhaps the most significant contribution of Paul Krugman,

recipient of this year's Bank of Sweden Prize, to economic

theory is *attached*.

 

Who can deny that this is an extension of mainstream

trade theory to other worlds? It tackles the following

monumental and cosmic question:

 

"how should interest charges on goods in transit be computed

when the goods travel at close to the speed of light?".

 

Original url:

http://www.princeton.edu/~pkrugman/interstellar.pdf

 

In solidarity, Jerry

 

 

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