Re: Re: Re: WSJ on teaching economics

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

In person, he is openly hostile to Marx.  Maybe his position had hardened
between 1964 and when I met him in the 70s.

Justin Schwartz wrote:

> Jim asks:
>
> >Murray
> >>Wolfson of California State University, Fullerton.
> >>
> >
> >isn't he the author of a worthless screed against Marxian economics?
> >
> >Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~JDevine
> >
>
> I haven't read his 1964 Reappraisal of Marxisn Economics in many years,
> although I have my copy on my desk just now. I recall being impressed with
> it. He argues that Marx does not make good on an inevitable collapse thesis,
> but otherwise is pretty good as an analyst of capitalism, and can't be
> dismissed. "Only the most obtuse reader can fail to recognize that a century
> ago Marx raised the key economic questions of our time." (p. 186). Don't we
> all agree with that? Wolfson was obviously a New Deal Keynesian liberal, but
> his book is not a worthless screed against Maxian economics. --jks
> _________________________________________________________________________
> Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com.
>
> Share information about yourself, create your own public profile at
> http://profiles.msn.com.

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx