[PEN-L:8316] Bengali famine

[Louis Proyect <lnp3@xxxxxxxxx>]

Brad DeLong:
>>Neoclassical economists confuse the issues.
>
>No we don't--at least those of us in the
>Samuelson-Arrow-Sen-Stiglitz-Summers tradition don't.

This is what I was driving at:

In a March 28 New York Times article, Thomas Friedman wrote: "For
globalization to work, America can't be afraid to act like the almighty
superpower that it is... The hidden hand of the market will never work
without a hidden fist - McDonald's cannot flourish without McDonnell
Douglas, the designer of the F-15. And the hidden fist that keeps the world
safe for Silicon Valley's technologies is called the United States Army,
Air Force, Navy and Marine Corps."

Are Bill Clinton and Thomas Friedman in the
Samuelson-Arrow-Sen-Stiglitz-Summers tradition? I would guess so...

Louis Proyect
(http://www.panix.com/~lnp3/marxism.html)