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

[Doug Henwood <dhenwood@xxxxxxxxx>]

Sorry to sound like a vulgar Marxist, but do you think that intellectual
argument alone will ever convince the neoclassicals of their emperor's
nakedness? They're prominent, funded, and powerful because they tell what
used to be called the ruling class what it wants to hear. Better models
and snazzier math won't change this.

Doug

Doug Henwood [dhenwood@xxxxxxxxx]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)


On Mon, 11 Apr 1994 FAC_BROSSER@xxxxxxxxxxxxxxxx wrote:

> Paul,
>      I confess.  I do think that at least from the standpoint of
> convincing neoclassicals that "their emperor has no clothes", the
> most effective way is to say, "let your emperor get dressed and
> try to walk out in public using the methods you think he ought to
> use", and then discover that their emperor is indeed stark naked.
> Barkley Rosser
> JMU
> PS:  Have a nice period of dressing up!
>