RE: [Pen-l] review of Klein's The Shock Doctrine

To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: RE: [Pen-l] review of Klein's The Shock Doctrine
From: "Forstater, Mathew" <ForstaterM@xxxxxxxx>
Date: Tue, 29 Apr 2008 13:45:12 -0500
Thread-index: AciqHIt/T4cuaUwFQSCjtQwb/cQMsgAC+8eA
Thread-topic: [Pen-l] review of Klein's The Shock Doctrine

>She described the ideology as viewing supply's influence on demand as akin to the moon's pull on the tide. This is about >as wrong as can be. If supply and demand are not independent the entire neoclassical model collapses. From where did >she pull this analogy?

She must have supply-side macroeconomics in mind, not technical micro-economics? If so, her description is not that out of line. The economy doesn’t work that way, but that is more or less how the supply-side doctrine treats it. Mat

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Follow-Ups:
- RE: [Pen-l] review of Klein's The Shock Doctrine
  - From: troy cochrane
- Re: [Pen-l] review of Klein's The Shock Doctrine
  - From: Jim Devine

References:
- Re: [Pen-l] review of Klein's The Shock Doctrine
  - From: troy cochrane
- Re: [Pen-l] review of Klein's The Shock Doctrine
  - From: Robert Scott Gassler

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Thread context:
- Re: [Pen-l] 'NYT' columnist Friedman hit by pie at Brown University, (continued)
- [Pen-l] RE: pen-l Digest, Vol 67, Issue 1, Marshall Feldman Tue 29 Apr 2008, 14:39 GMT
- Re: [Pen-l] review of Klein's The Shock Doctrine, troy cochrane Tue 29 Apr 2008, 13:56 GMT
  - Re: [Pen-l] review of Klein's The Shock Doctrine, Robert Scott Gassler Tue 29 Apr 2008, 16:54 GMT
    - RE: [Pen-l] review of Klein's The Shock Doctrine, Forstater, Mathew Tue 29 Apr 2008, 18:30 GMT
      
      Re: [Pen-l] review of Klein's The Shock Doctrine, Jim Devine Tue 29 Apr 2008, 18:41 GMT
      
      Re: [Pen-l] review of Klein's The Shock Doctrine, Eugene Coyle Tue 29 Apr 2008, 19:49 GMT
      
      Re: [Pen-l] review of Klein's The Shock Doctrine, Jim Devine Tue 29 Apr 2008, 20:07 GMT
      
      Re: [Pen-l] review of Klein's The Shock Doctrine, Eugene Coyle Tue 29 Apr 2008, 20:17 GMT

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