Jim:

> Rather, if he is one, he's a liberal apologist, calling for increased 
> government
> regulation of finance as if it were the Solution.

Yes, Lowenstein is a liberal apologist! Minsky calls for increased
government regulation too, but he recognizes that Capitalism is a
flawed system, which is inherently unstable. Lowenstein does not! On
the other hand, I see nothing wrong with calling for increased
government regulation, another New Deal of some sort maybe, which
would be revolutionary for the US at the current time.

But I don't have much hope of even that.

You see, you are not thinking about starting even a Post-Keynesian Party!

Why should I have any hope?

Sabri
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l

Reply via email to