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Fri Mar 31 17:18:34 2006 |
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===================== HES POSTING ===================
David Colander wrote:
> I see far less ideological content than does Drue and Joan Robinson. The
> reality is that the majority of economists I talk to--including the high
> up ones--are liberal.
Yes, David, many of the more distinguised economists, especially with an
memory of the Depression or New Deal, are liberal, but the young economists
.....
> Libertarians and conservatives feel as disenfranchised as radicals (well,
> almost).
Are you serious. Maybe Austrians ...
> Clearly, the Samuelson-Solow-Arrow nexus is liberal.
What is happening to the text book picture of their theory?
> Liberals are, by nature, hesitant about significantly changing
> institutions which leads to a pragmatism about policy and a hesitancy
> about changing institutions. This makes their ideas fit in well with
> political forces which are also hesitant about changing institutions.
Absolutely true.
Michael Perelman
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