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To: GraceZ who wrote (1535)3/13/2001 12:50:49 PM
From: IlaineRespond to of 24758
 
"The problem is, of course, that not only is economics bankrupt but it has always been nothing more than
politics in disguise ... economics is a form of brain damage."
-- Hazel Henderson

"No other discipline attempts to make the world act as it thinks the world should act. But of course what
Homo sapiens does and what Homo economicus should do are often quite different. That, however, does
not make the basic model wrong, as it would in every other discipline. It just means that actions must be
taken to bend Homo sapiens into conformity with Homo economicus. So, instead of adjusting theory to
reality, reality is adjusted to theory."
-- Lester Thurow