Discussion on Social Capital

The organizers of this session presumably knew what they were doing in inviting me to discuss these papers, but 1 am dubious. I doubt that it was because I have a reputation for discovering major flaws in the neoclassical model and thus would readily accept the arguments presented in these papers. My Chicago training and published work would suggest that hypothesis to be a little far-fetched, On the other hand, I am loath to admit that I am incapable of understanding or valuing anything “new” or “modern. ” A final hypothesis is that 1 might be expected to enliven the meeting, and if that is the reason I am here 1 will try not to disappoint,