Atlas Flinched

Doug Henwood dhenwood at panix.com
Wed Jan 10 12:30:05 PST 2001


Brad DeLong wrote:


>The ghost of the monetary overinvestment theory of depressions still
>walks the night, undead, seeking to drain the economy of its blood...

Hmm, so there's never a realization problem? Never an overaccumulation problem? What happened in the 19C, before central bankers were around to spoil the show?

Doug



More information about the lbo-talk mailing list