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Politics : View from the Center and Left

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To: JohnM who wrote (103378)	2/6/2009 5:01:07 PM
From: Steve Lokness	Read Replies (3) of 541958

John: If you wish, I'm game. Well I haven't read the book, so you are at a distinct advantage. I still think the debt issue if the biggest point against Krugman's argument that government can fix everything. Without critical thinking on that you are only arguing one side of the issue. What does Krugman have to say about Austrian School economics thinking? Is there a table of contents to get that information? There was a hint of the economic cycles in the article - but as I say, I don't have the book. .......See, they believe that downturns (recessions) are not a bad thing, but a natural part of economic cycles. It is when you try to halt the changes in the economy (as Greenspan did) that then leads us into a depression - or a complete economic melt down. Look forward to your comments. steve

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