economic decline/help

Joseph Halevi JOSEPHH at bullwinkle.econ.su.oz.au
Wed Oct 25 21:07:56 MDT 1995


Date:          Wed, 25 Oct 1995 02:00:02 -0800
To:            marxism at jefferson.village.virginia.edu
From:          jones/bhandari <djones at uclink.berkeley.edu>
Subject:       economic decline/help
Reply-to:      marxism at jefferson.village.virginia.edu

I am reading the former finance editor of Business.....

Comments by Halevi :

Forecasts do not mean anything but analyses do. Paul Baran and Paul
Sweezy have alwys pointed the underlying stagnationist tendencies of
the US economy from the 1950s onward. These tendencies were
counterbalanced by exogenous forces caused by political factors,
wars, military alliances etc, Harold Vatter makes the same point in a
book on the US economy during the 1950s. See also the article written
by Vatter in the Journal of Post-keynesian Economics (go to EconLitt
CD ROM and type Vatter).

Kindest regards, Joseph Halevi



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