-- At 08:28 PM 4/18/2001 -0400, Faustine wrote:
True, but my point was that the 'Samuelson technical stuff' has its place.
All that technical stuff is in the Friedman's books, and where there was a conflict between sound economics, and the politically correct fashions of the day, Samuelson tended to cringe before whatever was PC fashion, until the fashion changed and he could get away with more accurate and realistic economics. Most infamously, when many observers noticed that the Soviet Union was imminent danger of collapse, he assured us the Soviet economy was working just fine. --digsig James A. Donald 6YeGpsZR+nOTh/cGwvITnSR3TdzclVpR0+pr3YYQdkG bnTvwrk29oVjTzwk9ruUBvz/i2xr2EwvmLo5zhBP 4QBahbyjUAVp/xz3m33YPWIgNKGjLP/I9sS4kxOTg ----------------------------------------------------- We have the right to defend ourselves and our property, because of the kind of animals that we are. True law derives from this right, not from the arbitrary power of the omnipotent state. http://www.jim.com/jamesd/ James A. Donald