===================== HES POSTING ==================== In a message dated 97-08-17 18:26:12 EDT, Drue writes: << There is a core of neoclassical economics, and it has proven to be remarkably resistant to the challenges put forth by the "great orthodoxies." I would argue that this is partly because it serves very well as a justification for the institutions, processes, and consequences of corporate capitalism. Even though, in my opinion, and the opinion of many heterodox economists, it does a lousy job of actually explaining economics. >> One of the great things about 'mainstream' or 'neoclassical' economics is that it has been all things to all people -- useful both for attacking the market and as a defense of it. It sometimes seems that you can get whatever it is you want out of the 'theory'. Whether this serves 'corporate capitalism' is another question. Greg Ransom Dept. of Philosophy MiraCosta College UC-Riverside [log in to unmask] http://members.aol.com/gregransom/ransom.htm ============ FOOTER TO HES POSTING ============ For information, send the message "info HES" to [log in to unmask]