This Message (that Attempting To Beat The

For Better Or Worse, Us Keynesianism Was So Far Ahead Of Where It Started. I Am A Cafeteria Keynesian. You Know What A Cafeteria Catholic Is?

Marshall's Crime Is To Pretend To Handle Imperfect Competition With Tools Only Applicable To Perfect Competition.

What Counts Is Results, And There Can Be No Doubt That The Soviet Planning System Has Been A Powerful Engine For Economic Growth...the Soviet Model Has Surely Demonstrated That A Command Economy Is Capable Of Mobilizing Resources For Rapid Growth.

Perhaps There Really Are Managers Who Can Outperform The Market Consistently - Logic Would Suggest That They Exist. But They Are Remarkably Well-hidden.

The Failure Of Market Catallactics In No Way Denies The Following Truth: Given Sufficient Knowledge The Optimal Decisions Can Always Be Found By Scanning Over All The Attainable States Of The World And Selecting The One Which According To The Postulated Ethical Welfare Function Is Best. The Solution 'exists'; The Problem Is How To 'find' It.