European Tribune - Comments - Creating the new "conventional wisdom"

Creating the new "conventional wisdom" | 46 comments (46 topical, 0 editorial, 0 hidden)

Anglo Disease has been around since the founding of the Bank of England in 1694. USA fought a revolution to escape that economic trap. The Americans no more invented what we now call neoliberalism than the Beatles invented rock and roll.

If you ever have a chance to read Alfred Marshall, the great Victorian economist, you will discover that what we call neoliberalism is nothing more than computerized Marshall.

"Remember the I35W bridge--who needs terrorists when there are Republicans"

by techno (reply@elegant-technology.com) on Mon Apr 7th, 2008 at 10:16:28 PM EST
[ Parent ]

And also that he seemed often to aspire to more .. (none / 0)

... but the aspiration along with the idea that there could be more than marginalism was weeded out of the marginalist mainstream in the formalist revolution of the 1950's.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Apr 14th, 2008 at 07:28:01 PM EST
[ Parent ]

Creating the new "conventional wisdom" | 46 comments (46 topical, 0 editorial, 0 hidden)

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