Re: CAMREC: Egalitarianism in a world of power-law distributions

From: the Campaign for Real Economics (camrec@mmu.ac.uk)
Date: Sat Dec 16 2000 - 18:43:00 GMT

  • Next message: the Campaign for Real Economics: "Re: CAMREC: Egalitarianism in a world of power-law distributions"

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    From: the Campaign for Real Economics <camrec@mmu.ac.uk>
    Date: Sat, 16 Dec 2000 12:43:00 -0600
    Subject: Re: CAMREC: Egalitarianism in a world of power-law   distributions
    

    Carl,

    At 09:34 AM 12/15/00 -0800, you wrote:
    >I
    >could also form pretty strong convictions about sth
    >like an attractor where the issue would end up in the
    >end... which sometimes was not too much off the mark.

    What is this 'sth' attractor.

    It is pretty common to describe Adam Smith as a 'reformer.' He has
    identified several problems and advocates a reform program. The reform
    program is largely based on assumptions about the value of egalitarianism.
    Though economist like to think of themselves as something like 'engineers'
    trying to keep the 'train' of state on track, their energy comes from the
    reform agenda, not the science (if there is any).

    For econophysics to get out of the banks and mutual funds where it help a
    minority, it would have to link into this reform energy.



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