[lbo-talk] possible bumper sticker?

[Carrol Cox]

If Postone is correct, that Marx produced a Critique of Political Economy,
NOT a critical political economy (i.e., an economics), then what is called
Economics is simply a kind of history (even or especially when producved by
Marxist Economists), and hence is subject to all the disagreements that
always occur among historians. And if a "pure" capitalism only accounts for
about half an actual economy, with the rest subject to the poer of
contingency, then any economic proposition has only a rather slight
possibility of being correct.

Carrol

-----Original Message-----
From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
On Behalf Of Eubulides
Sent: Sunday, October 31, 2010 7:44 AM
To: lbo-talk at lbo-talk.org
Subject: [lbo-talk] possible bumper sticker?

You really have to wonder if economics has become completely unmoored
from evidence, whether anything can ever convince anyone that they
were wrong.

<http://krugman.blogs.nytimes.com/2010/10/30/the-moral-equivalent-of-stagfla
tion/>
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