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To: LLCF who wrote (28398)2/4/2003 11:34:46 AM
From: Raymond Duray  Respond to of 74559
 
LLCF,

Re: MW:<I don't get it that it's such a difficult concept.
It's going to be a tough sell if you can't get it......

DAK: Said the wonk to the economist.


I've just started Arianna Huffington's excellent "Pig at the Trough". I didn't realize that she's got a master's degree in economics from King's College, Cambridge. She relates the battle of the Keynesians and the Monetarists this way. In one of her freshman lectures, the professor cleared up any confusion:

"Milton Friedman simply doesn't understand Keynesian economics."