Saturday, July 19, 2003

Michael Hudson on the economy Posted here Saturday, July 19, 2003 at 3:38:34 PM     It sounds contradictory: the private sector-most notably the financial  service companies is sponsoring a massive planned economy-even though they  denounce planned economies as inefficient and ineffective. And the  government-who would normally do such planning-seems to accept that they  can't do the job properly. And yet they quietly support letting the  private sector do it themselves. This is a vey good summary article. This paragraph ties into Mirowski: that the foundaions of economics in mathematics makes the whole economic field into a single entity. Bears on the issue; if much is math, what else is ther to hman nature? economics. ********