[lbo-talk] Risk and Keynesian Uncertainty

Tom Walker timework at telus.net
Thu Jul 28 22:26:29 PDT 2005


Doug Henwood wrote,

> Keynes was writing during the Depression, a time of serious rupture.

> That's not the way things are in advanced capitalist economies today.

> The state has taken on the role that Negri wrote about in his essay

> on Keynes - of stabilizing expectations.

So does this mean Keynes was wrong because policies based on his ideas succeeded in reducing uncertainty?

The Sandwichman



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