Brenner reply to doug henwood

Enzo Michelangeli em at who.net
Thu Nov 19 16:42:22 PST 1998

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-----Original Message----- From: Brad De Long <delong at econ.Berkeley.EDU> Date: Friday, November 20, 1998 6:24 AM

>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...

What about the stagflation of the '70s?

Enzo

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