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Re: Re: Re: Re: RE: Re: A Krugman Klassic

Michael Perelman wrote:

Yes.  Davidson's early book on Keyenesian economics was the first to emphasize
Keynes's radical uncertainty as opposed to hydraulic Keynesianism.


But that's in the GT, and expressed better. My sense is that Davidson
gets so carried away with nonergodicity that you wonder how
capitalism functions at all.

Doug


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