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Re: Re. Creditary Economics
Title: Re: Re. Creditary Economics
Earlier today, I
congratulated Geoffrey Gardiner on his "brilliant synopsis of
Creditary Economics" on the PKT list.
The prompt dismissive
comments by Harry Veeder and John O'Donnell suggest that they are an
exception to the rule whereof Keynes once wrote as
follows:
"If only Malthus,
instead of Ricardo, had been the parent stem from which
nineteenth-century economics proceeded, what a much wiser and richer
place the world would be to-day! We have laboriously to
re-discover and force through the obscuring envelopes of our misguided
education what should never have ceased to be
obvious."
In economics, of course,
the "obvious" is only so retrospectively - or, in
O'Donnell's sagacious phrase, Much Ado About
Nothing.
Gunnar
I am sorry if I displayed a lack gratitude, but I was
not being dismissive.
In the marketplace of ideas, the seller (the writer) may
sincerely believe they are only offering good seeds, but the
buyer
(the reader) has a right and a responsibility to point out
the
bad seeds.
Harry Veeder
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