European Tribune - Comments - Digging us out of the hole

Digging us out of the hole | 120 comments (120 topical, 0 editorial, 0 hidden)

Re: The economy is completely technological (4.00 / 2)

Well Even among Physicists, Gravity isn't contraversial, they may not be able to explain it, but they're fairly convinced it's there.

"fundemental theorems of welfare economics." less so.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Fri Jun 12th, 2009 at 10:42:28 AM EST
[ Parent ]

Re: The economy is completely technological (4.00 / 5)

Oh, the fundamental theorems aren't disputed: they're quite elegant and not all that difficult. The applicability of the underlying assumptions is another matter entirely ...

by Colman (colman at eurotrib.com) on Fri Jun 12th, 2009 at 10:50:06 AM EST
[ Parent ]

Re: The economy is completely technological (none / 0)

And even if you do accept the underlying assumptions, what they have to say is overhyped, IMHO.

--
$E(X_t|F_s) = X_s,\quad t > s$

by martingale on Fri Jun 12th, 2009 at 09:18:21 PM EST
[ Parent ]

Digging us out of the hole | 120 comments (120 topical, 0 editorial, 0 hidden)

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