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Re: [Pen-l] Quiggin on the Austrian Business Cycle
On Monday, May 4, 2009 at 09:39:26 (-0400) Max Sawicky writes:
>"Both Marxism and classical economics were characterized by the
>assumption that money is neutral, a ‘veil’ over real transactions."
>
>True?
>
>http://johnquiggin.com/index.php/archives/2009/05/03/austrian-business-cycle-theory/
Have you checked Randy Wray's book Money and Credit in Capitalist
Economies? I don't recall exactly, but I don't think he levels this
accusation against Marx per se.
Bill
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