Re: [OPE-L] how can you calculate efficiency?

From: michael perelman (michael@ECST.CSUCHICO.EDU)
Date: Fri Apr 01 2005 - 12:27:29 EST

Gerald_A_Levy@MSN.COM wrote:

>Wolff claims that efficiency studies then assert a "hegemonic principle of selectivity."
Yes, that much is certainly consistent with my perspective.  I would not
go so far as to imply an infinite array of possibilities.

>Thus, in contrast to Michael P's critique of market-based calculations
>of efficiency,  Rick's critique is grounded in his "overdeterminist view
>of the world"  and could be equally applied as a critique of calculating
>efficiency in non-capitalist modes of production.
Here I would part ways with Rick.  Socialist planners CAN be wrong, but
they need not be.  Also, "wrong"


Michael Perelman
Economics Department
California State University
michael at
Chico, CA 95929
fax 530-898-5901

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