"c b" <[email protected]> wrote: > KM: Good morning "Merry Faux Socialists"! Anybody catch the "Great > Debate last night? Scarborough v Krugman - or this morning's repeat > parti'duo on morning Joe? Reminds me of the old "saw" - "Never start > an argument with a man who buys ink by the barrel and paper by the > tonne - you can't win"
> Charles Brown We can be sure Krugman knows more about Keynes than > Scarborough, but it's good if "Joe", the Conservative, is talking > about Keynes. On our way to "all Keynsians, now" again ? The video is available on http://www.charlierose.com The argument was over the debt and KM " Public credit becomes the credo of capital. And with the rise of national debt-making, want of faith in the national debt takes the place of the blasphemy against the Holy Ghost, which may not be forgiven." makes Paul Krugman a true believer. I think that surplus value parked in national debt is just a way of capitalists to protect their capital and for them it beats paying taxes. -- Ron
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