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Re: [Pen-l] What is the Crisis About? Fictitious Capital or the Destruction of Wealth?
- To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
- Subject: Re: [Pen-l] What is the Crisis About? Fictitious Capital or the Destruction of Wealth?
- From: Jim Devine <jdevine03@xxxxxxxxx>
- Date: Thu, 12 Mar 2009 18:31:01 -0700
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michael perelman wrote:
> Tobin's Q is a pretty weak macro variable, although Keynes took it
> seriously. Why isn't it Keynes' Q?
I don't know. Tobin quotes & cites him.
--
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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