Re: RE: Re: Wanniski

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Most people who know economics regard the editorial page of the WSJ as the
equivalent of the cartoon page in most newspapers.


On Thu, Jun 28, 2001 at 06:09:00PM -0700, David Shemano wrote:
> Jim Devine writes:
>
> <<No. I'm saying that someone whose economic arguments make no sense is one
> who doesn't know much about economics.>>
>
> ------------------------
>
> Purely by coincidence, Jack Kemp is on the editorial page of the Wall Street
> Journal saying exactly what I am saying regarding the Fed.
> http://www.freerepublic.com/forum/a3b3b649a0c7b.htm
> This should not be surprising, since Kemp and Wanniski are compadres.  Now,
> I ask you, since the WSJ editorial page is the semi-official mouthpiece for
> capitalism, why would they publish a viewpoint that makes no economic sense
> (from the perspective of capitalism)?
>
> David Shemano
>

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

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