Wednesday, December 12, 2012

Matias Vernengo — Krugman notes that marginalism doesn't work


Matias keeps the pressure on. Krugman moving.

Naked Keynesianism
Krugman notes that marginalism doesn't work
Matias Vernengo | Associate Professor, University of Utah

2 comments:

Kaj Risberg said...

Not bad. Perhaps some time in next century, PK realises that "physical capital" is not crucial, but who owns the land and money.

Tom Hickey said...

Perhaps some time in next century, PK realises that "physical capital" is not crucial, but who owns the land and money.

Right, apologists for capitalism don't want anyone to notice this even though it is staring them in the face. So they demonize an mention of this with "Marx," "socialism," and "class warfare."