I'm sending this again. Not sure it
made it to the list first time. If it did, please
ignore.
Ed Weick
From time to time, some members of this
list have voiced a grievance against Paul Krugman, theMIT economist because
he has appeared to dismiss "the Austrians", proponents of one of t
From time to time, some members of this
list have voiced a grievance against Paul Krugman, theMIT economist because
he has appeared to dismiss "the Austrians", proponents of one of the
lastgreat schools of classical economics. I've argued that, no, he
doesn't really dismiss them. Whatthey
ions' in the theory.
>
>arthur cordell
> --
>From: Edward Weick
>To: Cordell, Arthur: DPP; Michael Gurstein; Mike Hollinshead
>Cc: [EMAIL PROTECTED]
>Subject: Re: Krugman and the Austrians
>Date: Monday, February 01, 1999 1:15PM
>
>I must be missing some
Cc: [EMAIL PROTECTED]
Subject: Re: Krugman and the Austrians
Date: Monday, February 01, 1999 1:15PM
I must be missing something. I haven't read much of Krugman, just "Peddling
Prosperity", a book of essays called "Pop Internationalism" and a few of his
columns in "Slate
>others that promote perfect this and seamless that!!
>
>arthur cordell
> --
>From: Michael Gurstein
>To: Mike Hollinshead
>Cc: [EMAIL PROTECTED]
>Subject: Re: Krugman and the Austrians
>Date: Sunday, January 31, 1999 2:39PM
>
>Hey,
>
>Maybe in the long run
that promote perfect this and seamless that!!
arthur cordell
--
From: Michael Gurstein
To: Mike Hollinshead
Cc: [EMAIL PROTECTED]
Subject: Re: Krugman and the Austrians
Date: Sunday, January 31, 1999 2:39PM
Hey,
Maybe in the long run they can all be tenured professors of Economics a
arthur cordell wrote,
>Krugman needs a dose of humility. Here's one thought. Imagine his reaction
>if the budget for MIT were halved and traditional economic theory was
>suddenly found to be imperfect and so flawed that it was no longer
>acceptable for teaching. Hmmm. What options might be o
Hey,
Maybe in the long run they can all be tenured professors of Economics at
MIT. Ah, retraining
M
On Sun, 31 Jan 1999, Mike Hollinshead wrote:
>Mike Gurstein just posted a piece on the closure of Devco in Cape Breton
>Canfutures, in which are to be found these two paragraphs, describing
Mike Gurstein just posted a piece on the closure of Devco in Cape Breton
Canfutures, in which are to be found these two paragraphs, describing
frictions in the labour market and wealth effects which Krugman claims not
to exist.
Mike H
>The emotion that greeted Premier Russell MacLellan Friday in
Krugman dismisses the Austrians too soon.
His error is to rely on Von Hayek's and Schumpeter's versions instead of
that of the neo Schumpeterians.
What he has done is equivalent to criticizing monetary economics on the
basis of what Say said, ignoring Keynes and Friedman.
There is solid statist
Mike Hollinshead's rebuttal to Paul Krugman's "Hangover Theory" piece
is longer and more detailed than the original article. I would like
to see how Krugman would reply. Since it's partly constructed in the
second person, perhaps, Mike, you'd forward a copy to Prof. Krugman
and ask for a reply y
Krugman dismisses the Austrians too soon.
His error is to rely on Von Hayek's and Schumpeter's versions instead of
that of the neo Schumpeterians (of which I am one).
What he has done is equivalent to ignoring Friedman and Keynes on money and
criticising monetary economics on the basis of what S
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