After Paul’s suggestions from JEL, I read Perelman’s review of Brenner’s
book and kept reading the next one (on C. Gorga’s The Economic Process…)
without realizing that it was by P. Davidson until the end.

Re. Perelman’s review I’d say that it is very informative and friendly, as
it should be --'a fine review' as Paul said.  After all how often a
radical book is reviewed in JEL.  I also discovered that (excuse my
ignorance) Perelman is in complete agreement with the Brenner’s analysis
of the US crisis, a wage squeeze approach.  I hope I am not exaggerating.

I find Davidson’s review exactly opposite of Perelman’s, i.e.
uninformative and hostile, while being another expression of Keynesology.
It is also revealing in terms of what Davidson thinks about alternative
theories (“paradigms”).  In order to say ‘this book makes no sense’
Davidson needed Keynes’s review of Hayek’s book (1931) where Keynes
labeled the book as “one of the most frightful muddles..” The most
revealing part of the review, however, is the part where Davidson shares
his disapproval (distaste) of the Gorga’s book: Davidson apparently was
speechless vis-à-vis the lacking quality (or as he put it he couldn’t say
anything about the book because Gorga “utilizes economic terms to mean
different things than is commonly accepted by economists.”

So, you’d better write books with “commonly accepted terminology if you
expect to be reviewed (with no hostility) by Davidson-likes in JEL.

Dogmatism, I always thought, is unique to us!

Ahmet Tonak


> Thanks for the interesting review (and tip).  People may wish to know that
> the article is in the latest edition of the Journal of Economic Literature
> which also has a fine review of Brenner's book 'Boom and Bubble' by our
> own
> Michael Perelman (thanks Michael).
>
Paul

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