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" "Economics never was a dismal science. It should be a realistic science.
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist. He was the first American to win the Nobel Prize in Economics.
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To the student of economic history the preponderant truth is that technical change has since 1750 tended to raise market clearing real wage rates. This property of the Age After Newton is hard to understand and explicate if you believe that sterile congealed-dead-labor is embodied in machines almost infinitely substitutable for live labor; equally confusing to you will be the truth that inventions which are labor saving may at the same time be wage raising! The doctrines of equated rates of surplus value moved Marxians backward from square one in the understanding of the laws of motion of the capitalistic system or the system of the Mixed Economy.
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Social Darwinism is a perverted borrowing from what can be validly established for biology. When I contemplate strong claims by a Richard Posner that law has evolved historically a la Pareto, or arguments that a Coase Theorem ensures that deadweight loss is at its feasible minimum, I fear that von Neumann and Morgenstern are spinning in their graves and Charles Darwin is wondering why he left his barnacles, pigeons, and earthworms.
An unsupported claim by an economist- Darwinist does not acquire validity from a cited analogy with evolution. Truth must find its own legs to stand on.