Marx on Smith

Doug Henwood dhenwood at panix.com
Thu Jun 24 08:56:07 PDT 1999


Max B. Sawicky wrote:


>On the other hand, there is stuff from Keynesians now on how
>the current boom MUST end relatively soon.

Like that of Wynne Godley, who says basically that the U.S. has been living way beyond its means, consuming in excess of income, and that it will sooner or later hit the wall. How soon or how late is, of course, the $64 trillion question.

Doug



More information about the lbo-talk mailing list