From The Union "Hardhead List"

michael michael at ecst.csuchico.edu
Sat May 6 19:14:07 PDT 2000


Because G. believes in the New Economy, not because he is indulgent????

Doug Henwood wrote:


> JKSCHW at aol.com wrote:
>
> >But it should raise questions about
> >Greenspan's intelligence and the political orientation he brings to his job
> >that he subscribes to a cult that worships capital and hates labor, no?
>
> What central banker would subscribe to a significantly different
> philosophy? I'm no Greenspan fan, but he's been more indulgent of a
> low unemployment rate than many of his predecessors or colleagues.
>
> Doug

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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