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Re: Why economists do not care about high rates of unemployment w

Dear Paul,
Just a quick note on your "throw away" that "chaos theorists only
deal with well-behaved chaos". I Can't speak for the rest, but what I'm
interested in is "ill-behaved" chaos in your sense, that the free market
outcomes are undesirable. That in fact was the outome of the simple model
in my forthcoming JPKE piece; and when a government sector was added,
it became "well-behaved" chaos--j{Zjso that gov. intervention
was argued for.
Cheers,
PSteve Keen
PS Pardon craxy characters--this morning my modem is "ill-behaved" -:)
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