Re Basic Income re JK Galbraith

[Thomas Lunde]

Title: Re Basic Income re JK Galbraith 




Tom Walker wrote:

> JKG made a further contribution to economics by siring James K., whose book
> Created Unequal shows that carefully done equations and regressions can
> stand for something after all -- such as debunking the mythology of
> mainstream economists.
>
> regards,
>
> Tom Walker

Dear Tom:

I don't know if was you who posted James K's book, but I have been reading
it.  It's slow going but very insightful.  I have been marking it and intend
- time willing to provide a little summary of his essential points.  If a
few others would get it from their local library, it  could become a source
from which a good list discussion could ensue.  What he is attempting - is
to allow us to change perspective from which classical and monetarist
economics have established explanations - to a different viewpoint using the
existing data that other schools of economics have been using.  I find it a
little head wrenching at times because all I have read and thought about
economics has come from established perspectives - I would imagine others
may have a similar culture shock.

Respectfully,

Thomas Lunde

> http://www.vcn.bc.ca/timework/covenant.htm
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