tag:blogger.com,1999:blog-1740670447258719504.post630738590058152040..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: Great ideas, and a response to a comment by your favorite blogger and mineEvanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1740670447258719504.post-3536303361000877892012-09-01T19:20:35.750-04:002012-09-01T19:20:35.750-04:00Thanks to Daniel for sharing that -- good nerdly f...Thanks to Daniel for sharing that -- good nerdly fun for those of us with too many books. <br /><br />An aside:<br /><br />I like Smith as much as anyone. I think his stature is merited by a few features of his work: he's quite quotable and pithy like few other authors, he can always illustrate his point with a salient anecdote or thought experiment, and he combines economic theory with first-rate moral philosophy. All of this makes him unusually accessible. It's easy to see why Wealth of Nations was an instant best-seller, while the Quantulumcunque Concerning Money and the Tableau Economique sat on the shelves. <br /><br />And Smith was a great synthesizer, as Daniel says. (In this, he was similar to Mill and Marshall). However, I think that Schumpeter's point cannot be denied: there is not a single idea in Smith that is original to him. So the "father of economics" rep seems like the one acclaim that fits dubiously with his actual works.Willhttps://www.blogger.com/profile/14943136764424893492noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-73481584018256149952012-09-01T09:12:53.121-04:002012-09-01T09:12:53.121-04:00Rule of law should definitely be on the list.Rule of law should definitely be on the list.Currenthttps://www.blogger.com/profile/08645195276844244481noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-20773481228660396972012-09-01T08:53:07.542-04:002012-09-01T08:53:07.542-04:00Believe it or not, I am not Dr. Michael Emmett Bra...Believe it or not, I am <i>not</i> Dr. Michael Emmett Brady, but merely a fan of his work. You can ask Daniel Kuehn or Jonathan Finegold Catalan, and they can attest to the fact that I'm not Dr. Michael Emmett Brady.Blue Aurorahttps://www.blogger.com/profile/02044362251868221897noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-17850333611433746262012-09-01T06:56:45.251-04:002012-09-01T06:56:45.251-04:00How about subjective utility? (Dupuit)How about subjective utility? (<a href="http://stickmanscorral.blogspot.no/2012/08/the-problem-with-economic-school-ism.html" rel="nofollow">Dupuit</a>)Grant McDermotthttps://www.blogger.com/profile/11868318397832070394noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-14586488401117437322012-09-01T06:54:30.567-04:002012-09-01T06:54:30.567-04:00Blue Aurora... time to come clean: Are you Dr Mich...Blue Aurora... time to come clean: Are <i>you</i> Dr Michael Emmett Brady?Grant McDermotthttps://www.blogger.com/profile/11868318397832070394noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-42755325007337294952012-09-01T00:19:16.042-04:002012-09-01T00:19:16.042-04:00Speaking of people reaching certain points before ...Speaking of people reaching certain points before others did...do you think the argument could be made that Adam Smith and John Maynard Keynes were very similar, Daniel Kuehn? As I've told you before, Dr. Michael Emmett Brady has argued that Smith and Keynes came very close when it came to the issue of financial speculation. See the following paper for reference.<br /><br />http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1728225Blue Aurorahttps://www.blogger.com/profile/02044362251868221897noreply@blogger.com