[Marxism] Baroque fantasies of a most peculiar science (Financial Times)

Lüko Willms lueko.willms at t-online.de
Wed Nov 1 02:03:30 MST 2006

On Sun, 29 Oct 2006 20:45:02 -0500, Paul Gallagher wrote:

  quoting an article by a Philip Ball in the October 29, 2006 edition of 
the London "Financial Times": 

> It is easy to mock economic theory. Any fool can see that the world of 
> neoclassical economics, which dominates the academic field today, is a 
> gross caricature in which every trader or company acts in the same 
> self-interested way   rational, cool, omniscient.

  Nice too see that criticism, but the author also asserts that "there 
is no business cycle in any meaningful sense." I certainly disagree. 

Lüko Willms
Frankfurt, Germany
visit http://www.mlwerke.de Marx, Engels, Luxemburg, Lenin, Trotzki in German

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