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