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Alternatives aplenty | 115 comments (115 topical, editorial, 0 hidden)
Re: The Assertion of Absurdity (none / 1)
"However, unlike most "saltwater" economists today"

This would not include Krugman, DeLong, Stiglitz, Yves Smith or Thomas, for a start.

I don't really have time to read many more. But really, you can't say "no-one in the mainstream" is saying something that Krugman, co-author of one of the main university manuals, is banging the drums about day and night.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Fri Nov 4th, 2011 at 05:27:36 AM EST
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Re: The Assertion of Absurdity (none / 0)
Saying it casually, or publishing work developing a model that does not contain that assumption?

Its been a while since I've read Krugman's work, as opposed to his op-eds ~ I'd thought I would have heard it if he had abandoned New Keynesian economics for some other approach, but I'd be happy to have the citation to a paper where he does so.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Nov 4th, 2011 at 01:24:20 PM EST
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Alternatives aplenty | 115 comments (115 topical, 0 editorial, 0 hidden)
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