I don't think Dean is reaching for respectability,
though he gets it anyway.
He uses n-c theory to point out the implications
of what goes on in a language that his audience
accepts. It's worked pretty well. Our job is
get our conclusions into the press, and by
extension, the public debate. Not to proselytize
for non-standard theory. That's the job of
youse guys. And you'd better get cracking.
If you want to take up the substance with him,
I can relay it for you. But I think if you want
to pursue it he would like you to read the
piece in its entirety.
max
Thanks for posting it. I admire and respect Dean, but, based on a quick
reading of the summary, I worry that he has bent his argument too much
in the direction of "standard economic theory" in order to gain
respectability. In particular, I very much disagree with:
