Subject: | |
From: | |
Date: | Wed Jan 3 14:53:47 2007 |
Content-Type: | text/plain |
Parts/Attachments: |
|
|
James C.W. Ahiakpor,
It is not necessarily the case that everyone agrees that you
have demonstrated that Keynes misinterpreted Say's Law.
For one thing, Say himself denied his own law in certain
places, recognizing, for example, that under the Ottoman
Empire people might conceal and not invest their earnings
out of fear that it would be arbitrarily seized by the state.
Just so this does not turn into some horribly long thread
of people running back and forth at each other the way
this recent Mises one did, I am not going to say any more
on this, so you can have the last word, repeating again
your arguments about Keynes's alleged intellectual flaws.
(And, after all, your argument about the long run assumes
that the classical argument about the long run is correct,
something that Keynes rejected.)
Barkley Rosser
|
|
|