On Fri, Apr 3, 2009 at 5:44 PM, Doug Henwood <[email protected]> wrote:

>
> On Apr 3, 2009, at 6:20 PM, Jim Devine wrote:
>
>  monetary cranks are ... cranks.
>>
>
> I could swear that Keynes said somewhere that the essence of monetary
> crankery is thinking that if you fix money, everything else will fall into
> place. I can't find the quote, alas. But it seem right. Cranks love to blame
> the Fed for our problems, and have little to say about property ownership,
> the distribution of income, the nature of work, our relation with the earth,
> etc.
>

That would be a pretty sweet quote to have.

In the meantime, speaking of crankery/crackpottery, Boyer is here talking
about scientific crackpots, but I imagine it would be easy to understand
this in terms of economics.

http://www.cognitionandculture.net/index.php?option=com_content&view=article&id=435:how-i-found-glaring-errors-in-einsteins-calculations&catid=57:pascals-blog&Itemid=34

for your amusement.

j
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