>Doug writes:
>
>> The ruling class hated the 1970s because it
>thought it was in danger of losing the class war,
>or at least failing to win. That was the reason
>for Volcker and the recession of 1980-82.
>
>When you have a moment, could you expand on
>these tantalizing, but cryptic (to me) sentences?
>
>I was not up to speed with my leftist economics
>back then (I was just trying to be gay, young
>and fabulous LOL).
A worthy pursuit!
I wrote about this at some length in After the New Economy, and petit bourgeois that I am, I can't give it away until the NP lets it go out of print.
Doug