This is what I take to be Franks' argument -- persuasive too.
--- Doug Henwood <dhenwood at panix.com> wrote:
> eric dorkin wrote:
>
> >As for Shrub's policy, it is a hands-off business
> >knows best approach which seems to me derived from
> the
> >assumptions of neo-classical econ.
>
> Not to devolve into a vulgar Marxist or anything,
> but I think you've
> got the cause-effect sequence reversed here. Bidniz
> wants tax cuts
> and dereg, and the economists are always there to
> help out with some
> mystical equations explaining why this is a good
> idea.
>
> Doug
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