Alan Blinder, who once wrote that fiscal stimulus was "wacko."


On Wed, Dec 21, 2011 at 1:33 PM, Gar Lipow <[email protected]> wrote:

> On Wed, Dec 21, 2011 at 9:05 AM, Max Sawicky <[email protected]> wrote:
> > “when you have what Marx would have called a reserve army of the
> unemployed,
> > that’s a very disadvantageous background for new job-seekers.”
> >
> > Googling is cheating.
>
> I cheated.  And yeah, the source is striking, though the particular
> rhetoric is par for a certain subculture.  Thanks for pointing this
> out.  It is a good quote, and better because of the source.
> >
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