Re: [Pen-l] I want to know

[Jeffrey Fisher <jeff.jfisher@xxxxxxxxx>]

On Fri, Apr 3, 2009 at 5:44 PM, Doug Henwood <dhenwood@xxxxxxxxx> wrote:

On Apr 3, 2009, at 6:20 PM, Jim Devine wrote:

monetary cranks are ... cranks.

I could swear that Keynes said somewhere that the essence of monetary crankery is thinking that if you fix money, everything else will fall into place. I can't find the quote, alas. But it seem right. Cranks love to blame the Fed for our problems, and have little to say about property ownership, the distribution of income, the nature of work, our relation with the earth, etc.

That would be a pretty sweet quote to have.

In the meantime, speaking of crankery/crackpottery, Boyer is here talking about scientific crackpots, but I imagine it would be easy to understand this in terms of economics.

http://www.cognitionandculture.net/index.php?option=com_content&view=article&id=435:how-i-found-glaring-errors-in-einsteins-calculations&catid=57:pascals-blog&Itemid=34

for your amusement.

j 

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