Re: Re: Re: What is going on?

[Michael Yates]

Brad DeLong quotes some dubious growth statistics about India and everyone goes
bonkers.  Why does anyone pay attention to him?  This list is just an amusement
for him.  He likes to bait people and redbait the leftists from his perch at
Berkeley (from which he waits for a Democrat to get elected so he can hop on the
political gravy train again.)   Someday we'll see him as an old man on some talk
show ponticating like that pathetic old war criminal, Walt Rostow (about whom
Brad spoke so highly), who was on TV the other night yattering about the
national security advisor.

Michael Yates

Ken Hanly wrote:

> Just to summarise some of the points already made:
>     1)GDP growth itself even if it were a proper measure does not entail
> that the worst off or even the majority gain. In many countries during the
> last decade the gap between rich and poor has widened. Even if there were a
> trickle-down effect, crumbs to the poor, this is not necessarily to be
> snip