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To: Ron Bower who wrote (2384)10/5/1998 9:51:00 AM
From: Bosco  Read Replies (1) | Respond to of 2951
 
G'day all - dear Tom & Ron, as you may know already, Prof. Sachs is a strong advocate of devaluation, so citing him is as good as unbiased economist as citing Prof Krugman for shutting one's financial border as a remedy of economic renewal <VBG>.

[note: I have utmost respect to both professors, but it seems [to me anyway] that a 1-trick pony is hard to resolve the world of multiplicity.]

best, Bisci



To: Ron Bower who wrote (2384)10/5/1998 3:31:00 PM
From: Tom  Respond to of 2951
 
Of course, that's probably why you posted the article...

Of course.

No, just wanted to advise that the "break the peg" perspective is alive and well.

And, yes, it is a recent article. From last week's edition.


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