At 12:45 10/12/2004, Louis wrote:
I don't know about CP'ers, but we had a guy named Dick Roberts who was the
SWP's top economics expert. He dropped out, along with millions of others,
in the early 1980s and moved to Los Angeles where he intended to launch a
career as a screenwriter, like millions of others. He used his economics
expertise from the SWP to invest in the market, which would allow him to
pay the rent until his scripts were bought by some Hollywood studio. He
lost everything in the 1987 crash. So much for Marxist economic theory and
the market.
He should have sold short-- like a good Marxist. Always thought he was
suspect back in Madison./m
Michael A. Lebowitz
Professor Emeritus
Economics Department
Simon Fraser University
Burnaby, B.C., Canada V5A 1S6
Currently based in Venezuela. Can be reached at
Residencias Anauco Suites
Departamento 601
Parque Central, Zona Postal 1010, Oficina 1
Caracas, Venezuela
(58-212) 573-4111
fax: (58-212) 573-7724
