on purely economic issues, one thing that Krugman misses is the fact that Friedman's macroeconomics is pretty much the same as what's called "New Keynesianism" (with the main exception being that the latter drops the MF's presumption of a stable relationship between the money supply and nominal GDP).
On Fri, Aug 16, 2013 at 7:58 AM, Shane Mage <[email protected]> wrote: > " ....The idea that an empowered democratic government might drive > progress and social transformation, and disrupt the status quo rather than > stabilize it, seems utterly alien to these mainstream thinkers...." > > > Escaping from the Friedman Paradigm > > http://neweconomicperspectives.org/2013/08/escaping-from-the-friedman-paradigm.html > > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > > -- Jim Devine / "Reality is that which, when you stop believing in it, doesn't go away." -- Philip K. Dick
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