Macroeconomics, Even With All Of Our Computers

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.

Economics Has Never Been A Science - And It Is Even Less Now Than A Few Years Ago.

Self-deception Ultimately Explains Japan's Plight. The Japanese Have Never Accepted That Change Is In Their Interest - And Not Merely A Response To U.s. Criticism.

Kelsoism Is Not Accepted By Modern Scientific Economics As A Valid And Fruitful Analysis Of The Distribution Of Income But Rather It Is Regarded As An Amateurish And Cranky Fad.

Economics Never Was A Dismal Science. It Should Be A Realistic Science.