'Democratic Money' & the Tragedy of Anti-Marxism

Max Sawicky sawicky at epinet.org
Mon Nov 15 20:03:19 PST 1999


Max Sawicky wrote:
>Umph. Milton Friedman. Hope Louie doesn't see this.

Now responsible folks like us - leaving LNP3 out of this - don't argue from personality, right? Just because Uncle Miltie says something doesn't mean it isn't true. And doesn't he have a point? Doug
>>>>>>>>>>

Indeed he does. Money neutrality is the sine qua non of neo-classical macroeconomics.

mbs



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