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Title: More futility of utility
Review: Amazing for what it misses. Sato could have solved the problem advertised by Mirowski, but merely worked all around it without seeing it. Discusses the question whether it is legitimate to assume 'price as gradient of utility' from the standpoint of Frobenius' theorem (hitting a nut with a sledgehammer), but fails to apply similar horsepower to the Hamilton-Jacobi equation (discussed in the last pages). Therefore misses the main point: in optimization problems (Hamiltonian dynamics), price as a function of demand or supply ('price equals gradient of utility'), and utility itself, do not exist unless the Hamiltonian dynamical system is Liouville integrable (see my paper "The Futility of Utility").
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