I guess my broader question is, does organized labour in the USA intervene in any serious way on monetary policy, of the Paul Volcker, class-war-from-above variety? Can anyone answer this?
On Sun, Mar 15, 2009 at 9:53 PM, Bill O'Connor <billyoc at gmail.com> wrote:
> Ben Jackson <nonplus.plus at gmail.com> writes:
>
>> "[Maximum] growth and full-employment consistent with reasonable price
>> stability" doesn't sound like much of an endorsement for a monetarist
>> economic policy if that's what you're getting at.
>
> No, it doesn't, does it. I took the call for monitoring of asset
> bubbles to be the endorsement of monetary policy, such as it is.
>
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