From: Fred Moseley (fmoseley@MTHOLYOKE.EDU)
Date: Mon Sep 03 2007 - 22:01:15 EDT
Quoting Paul Zarembka <zarembka@BUFFALO.EDU>: > Every scientific approach has problems; we don't reach TRUTH. If > anyone claims that Marxist economics is destroyed because of the > transformation problem, we can quickly reply that mainstream > economics has its own problems of price determination yet it is not > considered destroyed. I definitely agree with this. And we should continue to emphasize this point. > Those who want to batter Marx with transformation problems, want to > batter Marx. Their deeper reasons lie elsewhere. I agree with this too. I am trying to make it harder to batter Marx, especially in the minds of students. Not the economists; they are hopeless. > More responsible scholars ask "what else do you have to offer?". > Fred, you are one of those you have offered a lot of empirical > research on the development of the U.S. economy. Are you still > working in that area? I am still working on applied empirical work, although not the derivation of estimates of the Marxian variables, as in my earlier work. I have become more interested in debt problems, and of course right now the sub-prime morgage bust. Comradely, Fred ---------------------------------------------------------------- This message was sent using IMP, the Internet Messaging Program.
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