Dale Jorgenson

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Arrow's impossibility theorem can be seen as a cohomological obstruction to constructing representative consumers without magical thinking.

2:42 AM · Aug 29, 2009

Becker's theory of stable homogenous tastes on the other hand is....words fail me...the greatest indictment of peer review. Ever.

2:54 AM · Aug 29, 2009

Just for a moment...put yourself in my shoes. I have an amazing theory of welfare with evolving tastes and a cult that claims stable tates.

2:57 AM · Aug 29, 2009

Why stop at stable tastes? Why not declare yourself the last Pasha of Scotland and immune from bigamy laws as a winged son of Zeus?

3:01 AM · Aug 29, 2009

$500 Challenge: Get me an invited Econ gig at Chicago / Harvard to confront the theory of ordinal welfare with stable homogenous tastes.

3:13 AM · Aug 29, 2009

Rules are that it has to be in the Econ department on video with Becker present at Chicago or Jorgenson at Harvard.

3:16 AM · Aug 29, 2009

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