Re: Article from THE GUARDIAN, September 18, 2000

[Paul Davidson <pdavidson@xxxxxxx>]

At 06:19 PM 09/19/2000 -0400, you wrote:
> Paul,
>
> You piece in the Guardian is the clearest statement of Keynesian
> principles and
> their applicability to current conditions I have come across in print for a
> long time.  It would be a service to the "possibilities of civilization"
> if you
> would go furhter to outline  speicific programs for international institutions
> such as the IMF and the WB and for the national governments of the G7, as well
> as China, Russia and India.  Perhaps a new Bretton Woods Conference?
>
> Henry


Thanks Henry!  I tried  to promote a new Bretton Woods conference when I
was invited to a private meeting of the G24 nations' finance ministers
in  Geneva in January 1999. Unfortunately, the crisis receded too quickly
and the conventional wisdom of the "Washington consensus" took over.  Only
if the US economy gets in trouble-- eg if the dollar should suddenly
weaken, the market crash, etc.  will someone take the need for a new
BrettonWoods type conference seriously.
 But I don't want that to happen just so I can get a hearing in the
corridors of power.

Paul
Paul Davidson
Holly Chair of Excellence in Political Economy
Editor, JOURNAL OF POST KEYNESIAN ECONOMICS [JPKE]
Economics Department -- 523 SMC
University of Tennessee
Knoxville, Tennessee 37996-0550
email: Pdavidson@xxxxxxx;   phone: (865)974-4221;    fax: (865) 974-4601
home phone:(865) 573-9160
http://econ.bus.utk.edu/Davidson.html