[lbo-talk] Liberal Austerity

Doug Henwood dhenwood at panix.com
Mon Apr 27 09:13:24 PDT 2009


On Apr 27, 2009, at 11:44 AM, Politicus E. wrote:


> It should have been: "Your earlier response to Cox, earlier in this
> thread,
> suggested that you hold the Post-Keynesian-cum-Marxian view of
> inflation,
> for which class conflict is the basis."

More or less, yes. Monetary policy has to enable an inflation to allow it to take hold, though.



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