5,984
edits
George Stigler: Difference between revisions
Created page with "{{stub}} <blockquote> ''Another [new economic theory] has to do with bilateral trade and the geometry of markets, culminating eventually in a model of humans in which they're allowed to change their tastes. Now, it sounds very strange to say that economic theory falls apart when human beings change their tastes. But since at least the late 1970s, we've had an excuse in place in the work of Becker and Stigler, that allows us to make assumptions about h..."
(Created page with "{{stub}} <blockquote> ''Another [new economic theory] has to do with bilateral trade and the geometry of markets, culminating eventually in a model of humans in which they're allowed to change their tastes. Now, it sounds very strange to say that economic theory falls apart when human beings change their tastes. But since at least the late 1970s, we've had an excuse in place in the work of Becker and Stigler, that allows us to make assumptions about h...") |
(No difference)
|