Capital Controls

[Paul Davidson <PB108928%UTKVM1.BITNET@xxxxxxxxxxxxxxxxx>]

FROM:  Paul Davidson
"      Economics Department
"      523 Stokely Management Center     974-4221
I think a better way of putting it would be that Keynes would have been for cap
ital monitoring -- with the possibility of controls only if speculative capital
 movements began to dominate the balance of payments.(See my forthcoming book,
 POST KEYNESIAN MACROECONOMIC THEORY, chapters 15-16.)
Paul Davidsonn

Have a good day!