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Notes to myself, possibly of interest to others.
-- Bill Northlich

Thursday, October 3, 2013

Robert Samuelson on Keynes, Marx, Communists.

Keynes, for example, was much more typical of our professional attitudes toward Marxism when he dismissed it all as "turbid" nonsense. (In view of the tendency of the radical right--for whom all Chinese look alike--to equate Keynesianism with Marxism, this ironical fact is worth nothing; and also its converse, since there is nothing communists deplore more than the notion that capitalism can be kept breathing healthily by the Keynesian palliatives of fiscal and monetary policy.)
---DeLong.  Recommended

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