In-Reply-To: <BFE1FA17.2BD7F%timbeau_hk@yahoo.co.uk>
Hi Tim.
You butt in all you wish :-) How else will I learn :-)))
I am not suggesting for one moment that Keynes "depreciation" and Douglas
and his A+B are the same. It is merely that I think that Keynes, the
academic economist HATED the very idea of an "amateur" indemnifying a
problem, that he was working on from his lofty ivory tower, and putting a
mathematical solution to it.
Keynes I count as one of my own, we both come under the umbrella of
British Liberalism. Both he, and Douglas were addressing a problem that
they described in slightly differing terms, and I do not think we will
ever bring them to say exactly the same thing. I think the best we can
achieve is use them both as illumination of what it is we should do to
overcome recognised difficulties in everyday life.
That I recognise is Politics. But then economics SHOULD be its servant,
not its master :-)
Ken.
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