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the greatest problem with modern economic thought is that it tries to deny this reality of embeddedness

Yep. It gives economics that scholastics counting-angels-on-a-pinhead feel, remote from complex reality.

Thanks for this excellent introduction to Polanyi!

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Jul 4th, 2007 at 04:02:55 AM EST

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