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Date: | Fri Mar 31 17:18:34 2006 |
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----------------- HES POSTING -----------------
Barkley,
I know this is an issue of some dispute, but I recommend you look at G.
Warren Nutter's Extent of Enterprise Monopoly in the US. Nutter provides
evidence contrary to your claim that Marx's prediction about increasing
concentration of capital in the advanced stage of capitalism can be
accepted
for the US, despite the popular sentiment which suggested that it should.
I imagine that this is an issue where the conflicts between Visions will
not
be settled by Analysis. As Schumpeter argues (and more recently
Heilbroner),
Vision and Analysis cannot be so neatly divided -- in fact, Vision provides
the raw material for Analysis. So I doubt whether appeals to data or
citation count (or body count for that matter) will move this discussion on
the "greatest economist".
BTW, a bit of shameless self-promotion, a 9 volume reference work on the
history of the theoretical debate over socialism that I edited has just
been
published by Routledge -- Socialism and the Market. My introduction for
the
set is in Vol. 1 and I try to be as fair as I can in my dealings with the
various positions taken during the debate.
Pete
Dr. Peter J. Boettke
George Mason University
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