[lbo-talk] Uncle Miltie, he dead

Carl Remick carlremick at hotmail.com
Fri Nov 17 10:20:43 PST 2006



>From: Doug Henwood <dhenwood at panix.com>
>
>On Nov 17, 2006, at 11:45 AM, Charles Brown wrote:
>
>>Money is important in economics. Wow, what a revelation.
>
>To mainstream economists, it isn't actually. Money is a "veil,"

It might be better to describe it as a snare. One basic problem with monetarism is: If you can't define it, you can't control it. Even in its heyday monetarism seemed sorely beset trying to isolate what constitutes "money." A fool's errand, IMO.

Carl

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