Re: Thanks Brad,was The legacy of Juan =?iso-8859-1?Q?Per=F3n?=

[Michael Perelman]

I have never seen as concise description of social democracy.  I like Alice
Amsden's refutation of your perspective -- especially her praise of getting prices
wrong.

Brad De Long wrote:

>
>  in a mixed economy, the government
> should be used to redistribute income and the market used to allocate
> resources; to get things backward--as Peron did, using the government
> to allocate resources and regulating market prices to redistribute
> income--doesn't work.
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]