Visit Rob Schaap’s blogorrhoea for a fascinating, if a bit abstract, debate about the strengths and weaknesses of the neoclassical economic model, bouncing off the Gittins piece I linked to late last year. Be sure to read the comments thread, where many of this blog’s regulars, notably including derrida derider, have already weighed in.

I should really write something about this, but I’m still struggling with the best way to handle long posts on abstract issues. I’ve had a bit of success with the modern thought blog, and I may go this way. Comments anyone?