File spoon-archives/foucault.archive/foucault_1998/foucault.9809, message 17


Date: Thu, 03 Sep 1998 07:33:40 -0600
From: Wynship Hillier <whi-AT-wenet.net>
Subject: Re: Fouc Hayek & liberalism


It's Wynship.

I don't know about laboratory evidence being in short supply for homo economicus.  I worked on research in econometrics
which produced exactly such evidence.  Furthermore, utility can be inferred from behavior.  There seems to be a
well-developed body of microeconomic theory in this area.  See Luenberger's intermediate book on theory, for instance.

na.devine wrote:

> Re
> Wynyard Hillier's post:
>
> That 's a pretty good comment on Hayek for someone who hasn't read him.
> You've got him I think, through your Foucault/exegesis.
>
> There is an interesting connection with Behaviourism. There was an
> article or speech by one of the Public choice gurus in which he quite
> seriously offered to give up the rationality component of homo
> economicus in return for the ability to incorporate behaviourism. what
> behaviourism had to offer was the attraction of scientific credibility.
> You could get some laboratory evidence, which is in rather short supply
> for h. ec.
>
> Nesta




   

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