[lbo-talk] uh-oh! too much regulation!!

Mike Beggs mikejbeggs at gmail.com
Mon Feb 8 15:30:15 PST 2010


On Tue, Feb 9, 2010 at 10:02 AM, Eubulides <paraconsistent at comcast.net> wrote:


>
> http://econospeak.blogspot.com/
>
> [Today's post by Brenda Rosser]

I second that recommendation. The other problem with a lot of the 'global imbalances' discourse - besides Rosser's point that the aggregates are increasingly arbitrary (i.e. undescriptive of the processes that generate them) - is the collapsing of a complex set of interrelated factors into a simple story about the interactions of mis-specified aggregates, e.g., 'Chinese saving' and 'US consumption'.

Mike



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