Re: [Pen-l] A fine how d'ya do

[Jim Devine <jdevine03@xxxxxxxxx>]

raghu wrote:
> It is significant also how she sees the cause of business cycles as
> presumably exogenous "disturbances".

This is standard among the orthodox: they see our "market society" as
the best of all possible worlds. All bad things come from the outside
of markets, just as the snake messed disturbed the equilibrium of the
Garden of Eden. In the conservative laissez-fairy tales, it's the
government which is the source of all snakes. Talk about
cheer-leading!
-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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