----Original Message Follows---- From: Brad DeLong <delong at econ.Berkeley.EDU> Reply-To: lbo-talk at lists.panix.com To: lbo-talk at lists.panix.com Subject: Re: academic economics Date: Thu, 21 Jun 2001 09:43:52 -0700
>Catherine Driscoll wrote:
>
>BTW, re money going to a few superstars: Hasn't this been recognized
>for some time by economists (who of course for the most part have no
>problem with it), and wasn't it even somewhat popularized by Frank
>and Cook in "The Winner-Take-All Society"?
The implication that Bob Frank has "no problem" with winner-take-all markets is false.
Brad DeLong
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