Thursday, January 6, 2011

OK, the Samuelson thing

Bon Higg's did not like the Samleulson method.

One thing got me in the article quoted was Menger who got the idea of bounded indeterminicies. So within a precision error we can have general equilibrium.

His complaint boils down to Samuelson's idea that there is no apriori in good science. Samuelson maybe does get uncertainty as an algorithm. Fixed uncertainty is taken as a condition of general equilibrium, sorry, we can't avoid that.

I am not a philosopher and don't get a lot of this.  But, as long as I have some imprecision in my theory, I can fit your theory.

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