tag:blogger.com,1999:blog-8595404115121834255.post4063971388410339676..comments2024-03-28T03:24:05.678-04:00Comments on NAKED KEYNESIANISM: A Taxonomy of Piketty's reviewsMatias Vernengohttp://www.blogger.com/profile/09521604894748538215noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8595404115121834255.post-32871201454246850682014-06-05T02:22:36.280-04:002014-06-05T02:22:36.280-04:00Post-war era had full employment policy's, gov...Post-war era had full employment policy's, governments used fiscal and monetary policy's to achieve that. That shift bargain power to labor, promote growth and so on. A short period of some economic democracy. Neoliberal counter revolution change that albeit is using the same economic policy tools to keep unemployment high. /lassenoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-77376279590669567582014-06-05T02:07:50.842-04:002014-06-05T02:07:50.842-04:00"and he is a Socialist, or at least supported..."and he is a Socialist, or at least supported Holland in the last election"<br /><br />One can hardly characterize today's european social democrats as socialists.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-47154154284900871762014-06-03T23:42:53.876-04:002014-06-03T23:42:53.876-04:00Helpful taxonomy Matias. You missed some interesti...Helpful taxonomy Matias. You missed some interesting notes by Rowthorn (heterodox), Krusell and Smith (orthodox), and Debraj Ray (orthodox). The second one dressd up in Neoclassical garb. Ray is much more an overall review. Rowthorn is indeed a quite interesting constructive critique. You may donwload all these here https://ucv.academia.edu/LeonardoVera/On-Piketty's-Capital<br />Leonardo Verahttps://ucv.academia.edu/LeonardoVera/noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-26880884148786968452014-05-27T13:47:56.320-04:002014-05-27T13:47:56.320-04:00Agreed. It is also part of NOT being kicked out of...Agreed. It is also part of NOT being kicked out of the profession. That's why Brad, Krugman, Rodrik and others, still use neoclassical concepts like the natural rate.Matias Vernengohttps://www.blogger.com/profile/09521604894748538215noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-80760177568407195962014-05-27T13:44:37.270-04:002014-05-27T13:44:37.270-04:00Fuera de lugar, pero bue. Una cosa, es lo mismo el...Fuera de lugar, pero bue. Una cosa, es lo mismo el consumo privado y los insumos industriales flaco. Si consumis más, necesitas más insumos para producir y más importación. Es producción de mercancias por medio de mercancias. No si ningún paso. Ahora, pq no das vos un pasito y estudias un cacho?Anonymoushttps://www.blogger.com/profile/04924971438558935647noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-23348920244237771482014-05-26T17:54:13.346-04:002014-05-26T17:54:13.346-04:00One weird thing with Piketty is that he acknowledg...One weird thing with Piketty is that he acknowledges several times in his book that the post-war era was characterized by strong pro labor policies and that the decline in the share of labor is at least partly due to the neoliberal pro-capital agenda but that doesn't enter his model.<br /><br />One french marxist entitled his review "wealth of data, poverty of theory", I think that's it. Piketty is primarly a data gatherer, not a theorist.Richardnoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-46249718756812996912014-05-25T18:12:21.131-04:002014-05-25T18:12:21.131-04:00"El peligro no está en la acumulación de deud..."El peligro no está en la acumulación de deuda, una vez que el crecimiento genera un aumento de los ingresos tributarios, sino en el posible cambio del patrón de consumo de las clases con menores ingresos y el aumento de las importaciones." <br /><br />Se me cae un lagrimón. Era el consumo privado y no tanto los insumos industriales lo que chupaba dólares a lo loco. Un paso gigante acabás de dar, me alegro mucho. <br /><br />Diegohttps://www.blogger.com/profile/11817226995694648028noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-27542446623270480132014-05-24T17:03:47.300-04:002014-05-24T17:03:47.300-04:00In my opinion, your taxonomy also says a lot about...In my opinion, your taxonomy also says a lot about DeLong and to what extent a priori considerations trump policy: he may lambast conservatives to no end on policy matters, but they still share a lot of common ideological ground.<br /><br />It is the heterodox economists who are, ultimately, the "enemy" and basic agreement in policy makes no difference.<br /><br />So much for pragmatism.Magpiehttps://www.blogger.com/profile/07528637318288802178noreply@blogger.com