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[PEN-L:8257] Re: Re: Re: Re: Re: Summers Memo



>Brad De Long wrote:
>
>>The point is that if you are doing neoclassical utilitarian economics
>>correctly, you don't make the mistake of confusing social welfare with GDP
>>per capita.
>
>If you don't do that, then is it still neoclassical economics?
>
>Doug

bad (as in, not competent) neoclassical economics...





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