calling in loans

eric dorkin eric_dorkin at yahoo.com
Tue Aug 27 09:06:05 PDT 2002


then, if you debunk the econ, the bidniz folks lose their "intellectual legitimacy." Therefore, debunking neoclassical econ is of paramount importance. You need to make it clear that the emperor has no clothes

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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