tag:blogger.com,1999:blog-1740670447258719504.post7923877282309623516..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: On MarxEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1740670447258719504.post-27325262222011811142012-08-08T09:10:42.157-04:002012-08-08T09:10:42.157-04:00It's impossible for Marxist economics to be de...It's impossible for Marxist economics to be defunct since it hasn't even arrived yet. Marx makes a series of vague predictions about the characteristics that post-capitalist economics will have, he doesn't advance a positive economics program of his own. All we really know about marxist economics is that it will replace the role of the capitalist with something and provide the labourer a fuller (though not full) share of labour value somehow. Marxist theory only exists in theory and we'll have to wait and see whether marxism ever actually succeeds in becoming economics before we can judge it as economics.teqzillahttps://www.blogger.com/profile/10644136551384385125noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-5062164067594611122012-08-07T14:33:58.093-04:002012-08-07T14:33:58.093-04:00How would Oskar Lange fit into this ?How would Oskar Lange fit into this ?usufructnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-90279210881888139352012-08-07T10:11:13.018-04:002012-08-07T10:11:13.018-04:00Nobody who sympathizes with a school of thought wo...Nobody who sympathizes with a school of thought would like "defunct". <br /><br />Notice also that the ones that grapple with Marxist economics that aren't Marxists themselves are usually marginal in their own right, or simply historians of thought.<br /><br />That no non-historian mainstream economist does much thinking about it is telling. Samuelson is a rare exception in the Marxist case, and he only wrote a little on it and even that was in the vein of dismissing a historical/defunct idea.Daniel Kuehnhttp://www.factsandotherstubbornthings.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-28065433494266223652012-08-07T10:06:12.363-04:002012-08-07T10:06:12.363-04:00I think "defunct" was just a rather load...I think "defunct" was just a rather loaded way to put it. To say that Marxian economics was at best a marginal presence at most departments would be totally accurate.Willhttps://www.blogger.com/profile/14943136764424893492noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-14006706813793354522012-08-07T07:02:37.320-04:002012-08-07T07:02:37.320-04:00They also didn't mention Michal Kalecki, who h...They also didn't mention Michal Kalecki, who had an influence upon the thought of Hyman P. Minsky.<br /><br />In any case, Michal Kalecki himself had accepted the frequency theory of probability, which itself is less applicable than the interval estimate approach John Maynard Keynes had derived from George Boole. See the following link for reference.<br /><br />http://www.amazon.com/review/RSC9MH6RF7ZZ0Blue Aurorahttps://www.blogger.com/profile/02044362251868221897noreply@blogger.com