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A Non-Euclidean World
Saturday, March 16, 2013 19:48
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The classical theorists resemble Euclidean geometers in a non-Euclidean world who, discovering that in experience straight lines apparently parallel often meet, rebuke the lines for not keeping straight – as the only remedy for the unfortunate collisions which are occurring. Yet, in truth, there is no remedy except to throw over the axiom of parallels and to work out a non-Euclidean geometry. Something similar is required to-day in economics.
John Maynard Keynes, The General Theory (1936)
2013-03-16 19:45:07
Source: http://openeconomicsnd.wordpress.com/2013/03/16/a-non-euclidean-world/
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