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ed journal, and remains uncited as far as I know. Alan Rogers, a biologist at University of Utah, publis
tal of children. But Farr deserves credit for pointing out that human capital in general capitalizes pay less invested consumption. Keynes’ teacher Alfred Marshall agreed with Farr in 1990’. As I read this passage, Marshall interpreted maintenance consumption as investment. So did B. F. Kiker? in 1968. | interpr
GHT_011154 Evolution and Human Choice over Time Alan R. Rogers” 1997 1 The connection between evoluti
for third seem well behind. Maybe Jevons or John Rae or Leon Walras. Time has not been kind to the teachings of Keynes. I would now rank his teacher Alfred Marshall higher. I like Myrdal’s magnificent ex ante - ex post distinction. Boehm Bawerk and the Austrian school are underrated. The pantheon might have room
of the best early members of the New Caste - like Alan Kay or John Seeley Brown- but also a series of fu
new, nearly inverted logic. “Our understanding of how markets and businesses operate was passed down to us more than a century ago by figures such as Alfred Marshall,” the economist Brian Arthur wrote in the Harvard Business Review in the summer of 1996. “It is an understanding based squarely upon the assumption o
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