Re: military keynesianism question

2002-09-22 Thread joanna bujes
At 08:38 AM 09/22/2002 -0700, you wrote: >How effective can military keynesian be now? Not very...at any rate, the market doesn't seem to think it would be very effective; have you noticed how it swoons everyt ime we come one step closer to war? > The US economy is very open, >so much of the

military keynesianism question

2002-09-22 Thread Michael Perelman
How effective can military keynesian be now? The US economy is very open, so much of the demand leaks out. Unlike the world of WW II, the US is not using goods that are produced using technology comparable to durable consumer goods. Instead, it depends more on very high tech, with relatively li