On Thu, 17 May 2001, Brad DeLong wrote:

> >Perhaps this is a terminological problem, but I associate the term
> >"neo-liberalism" (as opposed to plain old capitalism) primarily with the
> >liberalization of capital accounts and secondarily with aggressive
> >privatization.
>
> Perhaps. I would think of it as "get the state out of the
> microregulation business."

What distinguishes a regulation from a microregulation?

Michael
__________________________________________________________________________
Michael Pollak................New York [EMAIL PROTECTED]

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