Conclusions
Peter Brown and Peter Timmerman argue that mainstream economics is an ‘orphaned discipline’. It is founded, they claim, on a “dated and unrevised metaphysical and prescientific vision that is “incompatible with what we know about the universe and our place in it (Brown and Timmerman, 2015). Looking at free-market theory in the context of the modern understanding of evolution, this assessment rings true.
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Adam Smith’s concept of the invisible hand was a plausible hypothesis when it was proposed more than two centuries ago (Smith, 1776). Given the state of knowledge at the time, it seemed possible that self-interest, if properly channeled, could benefit groups. But as our knowledge of evolution has progressed, this hypothesis has grown steadily less plausible. The problem is that the major transitions in evolution show a pattern that is the opposite of the invisible
University of Wisconsin-Stevens Point Athletics
STEVENS POINT, WI (WSAU) â The UWSP menâs basketball team had five players score in double figures in a 98-65 stomping of UW-River Falls on Wednesday night at Quandt Fieldhouse.
Philip Flory led the way with 26 points. Peter Timmerman and Brady Wagner had career highs with 20 & 16 points. Garrett Nelson added 13 and Cliff McCray had 10.
The Pointers, now 2-5, will travel to River Falls on Friday.
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The UWSP womenâs basketball team topped UW-River Falls 84-76 on Wednesday night in River Falls.
Taylor Greenheck tied career highs with 24 points and 12 rebounds. Bailee Collins also had a double-double with 21 points and 12 boards. Jessica Slowik had a career high 13.