Brenner reply to doug henwood

[Brad De Long]

RE:
>
>Quite the opposite.  Brenner is arguing that  terminating Keynesian
>stabilization may well work to revive growth. Brenner is blaming Keynesian
>stabilization for "insufficient adjustment to manufacturing overcapacity,
>market by insufficient exit and too much entry."...
>
>best, rakesh

Which is a... Hayekian position: that to attempt to avoid
depressions--great or otherwise--just stores up worse trouble for the
future.

I haven't seen any evidence for it...

Brad DeLong