Re: New vs. Post Keynesians

[Jim Devine <JNDF%LMUACAD.BITNET@xxxxxxxxxxxxxxxxx>]

On Fri, 28 Jan 1994 00:08:48 -0700 Paul Davidson said:
>Dear Jim: Yes, to teach students what? How to add ad hoc mechanisms to a
>logically inapplicable axiomatic theory to provide theoretical answers to
>situations that are logically not applicable to the real world?...

All my students get microeconomics from orthodox folks. Part of my
purpose in teaching is to (1) speak in a language that students
understand and (2) convince them that some of the crap they learned
is nonsense.  My primary aim is to encourage critical thinking.
If they end up with a somewhat incoherent mix of Walrasianism and
my dynamic-disequilibrium perspective, I have faith that  their
experience in the real world (a redundant phrase, but so be it).
will tilt them in my direction. Note: hardly any of my students go
onto graduate school in economics.

sincerely,

Jim Devine   BITNET: jndf@lmuacad    INTERNET: jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950