Wishfull Thinking?
“Toward Formal Models of the Theoretical Framework of
Fundamental Economics,” Fundamenta Informaticae, 90(4), 443-459” [Wang, 2009]:
“A
mathematical model of economic equilibrium developed in this paper provides a
formal proof of Adam Smith's hypothesis of the 'invisible hand'.
Comment
Adam Smith did not have a
“hypothesis” of “the invisible hand”, therefore Wang’s, no doubt, brilliant “formal
proof”, that he did is empty of relevance and meaning. Marginal candidate for Loony Tunes?
0 Comments:
Post a Comment
<< Home