Re: Article in the Chronicle of Higher Education

[Warren Mosler <mosler@xxxxxxxxxxxxxx>]

The mainstream is highly vulnerable on its
understanding of monetary operations.  This venue
requires no theory whatsoever, only, at most, a
working knowledge of  basic accounting.  The door is
wide open.

Warren Mosler

--- "Forstater, Mathew" <ForstaterM@xxxxxxxx> wrote:
> Paul can speak for himself, of course, but since he
> has done so
> previously, I imagine he is referring to his tactic
> of emphasizing the
> (related issues of) number of axioms, ergodicity
> versus non-ergodicity,
> and generality (general versus special in Keynes's
> sense).
>
> My own feeling is that a multi-pronged approach is
> called for, meaning
> that we need to challenge the mainstream in multiple
> ways. Paul's
> approach is important, but we need to fashion a
> variety of internal and
> external critiques, challenging them on their own
> grounds, as well as
> challenging the grounds themselves.  We also need to
> fashion alternative
> approaches, and here I think that we need to both
> develop specific
> alternative paradigms (Post Keynesian,
> Institutionalist, Marxist,
> Austrian, etc.) as well as to work on a variety of
> hybrid or eclectic
> approaches that draw on multiple alternative
> traditions.  Of course,
> every person doesn't have to do all of these--there
> can be some division
> of labor.  But while open, critical dialogue between
> alternatives is
> healthy and can contribute to 'progress',
> in-fighting and intolerance is
> generally not.  I take this to be one of the
> purposes of ICAPE and its
> conference--to promote collaboration and dialogue
> toward common goals:
> making room for alternatives within the discipline,
> developing
> constructive analyses of the real economy, and
> forging effective
> policies.
>
> mat
>
> -----Original Message-----
> From: Henry C.K. Liu [mailto:hliu@xxxxxxxxxxxxxx]
> Sent: Thursday, January 23, 2003 3:40 PM
> To: pkt@xxxxxxxxxxxxxxxx
> Subject: Re: Article in the Chronicle of Higher
> Education
>
>
>
> pdavidso wrote:
>
> >Annual Meeting the AALS Section on Socio-Economics
> went very well.
> Jamie was a
> >big hit. In case you did not see it, I thought this
> article appearing
> in the
> >Chronicle of Higher Education might interest you.
> Steve Keen and Neva
> Goodwin
> >(who were among the economists featured in our
> program) are quoted and
> cited.
> >With best wishes and highest regard Robert Ashford
> College of Law
> Syracuse
> >Univ
> >
> >
> >Thanks for the information.  I saw the article in
> the CHRONICLE-- but
> in my
> >view the heterdox people are arguing the wrong
> argument -- and make it
> easy
> >for the mainstream to ignore them.
> >
> >Paul
> >
>
> Paul,
>
> Can you elaborate?
>
> Henry
>
>
>


=====
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