Re: Re: Re: Re: Re: RE: A Krugman Klassic

[Michael Yates]

Yes, all of the old economists had to come to grips with Marx, and Samuelson was
no exception.  His works are badly flawed as is his work attempting to rebut the
powerful arguments of those who were attacking neoclassical capital theory (e.g.
his surrogate production function article).  But at least Samuelson confronted
Marx.  Today's economists know little about any of the giants of the field.

Michael Yates

[EMAIL PROTECTED] wrote:

> In a message dated 10/9/00 1:08:57 AM Eastern Daylight Time,
> [EMAIL PROTECTED] writes:
>
> << And so what do the two Pauls (PK & PS) conclude about Adam Smith -- a
> minor pre-
>  Ricardian?
>   >>
>
> PS is remembered for this stupid crackn about Marx, but it was not his
> cionsidered view. He wrote several classic papers on Marxian value theory in
> the late 60s, so he must have thought it worth his while. --jks