At 02:39 PM 5/21/99 -0400, Jim Devine wrote: >> Schumpeter was neither an econometrician nor a mathematical economist. He >> _was_ a conservative but open-minded economist who learned a lot from Marx. >> His belief that socialism -- by which he meant government planning of the >> economy -- is inevitable seems quaint these days. Ah Jim, don't be deceived by the appearances - the planning is progressing as planned - it is just being taken away from the hands of the government and placed in the hands of the people who "have something" i.e. corporate execs. After all, you cannot leave making important economic decisions to the popular vote - their rationality is too much bounded. wojtek
