Mark Thoma tells us that a piece of the transcript from the PEN/NYRB Manhattan symposium on the economic crisis is now up:
The Crisis and How to Deal with It: Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros, Robin Wells et al.
They cut Ferguson's Keynes=Marx line:
Economic growth does not come from state led infrastructure investment; it comes from technological innovation and gains in productivity and these things come from the private sector, not from the state. If you want to try the Soviet model, fine. By all means.
Comments