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Subject:
From:
[log in to unmask] (Brad De Long)
Date:
Fri Mar 31 17:18:34 2006
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----------------- HES POSTING ----------------- 
>----------------- HES POSTING ----------------- 
> 
> 
>With respect to the "greatest economist." 
> 
>First, what are the criteria?  Influence on subsequent work? 
>Frequency of citation, approving, disapproving, or both?  
>Inventiveness? Insight?  Correctness? Mastery of theory?  
>Empirically relevant?  [Certainly not all economists who have been 
>influenced by and who have cited Karl Marx have thought he was 
>correct in his analysis]. 
 
 
Does anyone think Marx was correct? Falling rate of profit? Real  
wages being driven down to subsistence levels (either absolute or  
relative)? Final crisis of capitalism?   
 
 
Brad DeLong 
 
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