Michael Perelman wrote: > I have to disagree a bit with Jim D. Marx had a better grasp than > Keynes or Minsky of the importance of the delinking of finance and > production as well as fictitious capital.
that's right. Minsky , for example, saw only financial crises arising from within finance, but not the ones arising from problems within the "real" sector. (I may be wrong here, since Minsky was influenced by Marx, especially in his early work.) > In the specifics, the latter two were much more informed. that was my point. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
