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Re: Davidson seminar -A final response (fwd)



     This gets me to three for today (but then I've been
away for several days), but just for the record my views
on policy are not those ascribed to me by Paul Davidson,
although they may be those of some of the more well-known-in-
the-media so-called "New Keynesians."
     Besides intelligent
indicative planning, an idea of Keynesian origin, I also support
intelligent "liberal corporatism" as practiced in such places
as Scandinavia and Austria.  This is also known as income
policies and is something I believe is supported some of the
time by Paul D. and is viewed widely as a pk policy.
     Along with these I support workers' management, preferably
combined with workers' ownership, as well as greater income equality.
     Also since I believe in bubbles, I am a fan of intelligent
interventions in financial markets, although what constitutes
those is easier to call for than to actually describe.  There is much
more, such as my views on green stuff, but that would get too long.
     I think all of the above are reasonable, if not necessarily
absolutely correct, responses to the problems posed by the
"high tech" stuff I babble on about too much on this net.  I think
that all of the above would move us toward a system with would reduce
both unemployment and inflation.  I hope that one thing Paul D. might
have gotten out of this seminar is that not everyone who worries about
such "high tech" things is in the same camp and supporting the same
policies as Mankiw and company.
Barkley Rosser
James Madison University


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