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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