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The Subsubjective Revolution
Economics is based around a series of bundles and derivatives that make it one of the most beautiful geometric theories, i think we have ever encountered outside physics. S cath an, interesting point. Economics refers to cardinal versus ordinal utility theory, as you state. So in other words, try to imagine that all f economics was taking place on an island for 50 years - no whale was actually swimming around in the ocean. That's one of the reasons why this assertion is so grandiose and irresponsible. Are you telling me that nobody ever noticed that all economics is based around the so called principal bundle being a representative consumer? And the answer is yes! I am saying that as far