I AM MUCH MORE SYMPATHETIC TO KRUGMAN THAN TO MOST OTHERS
IN HIS DISMAL NARROW FIELD, AND SYMPATHETIC ALSO TO THIS PARTICULAR MESSAGE; SOME AMERICANS LAP THIS STUFF UP.
HIS MESSAGE BEST APPLIES, UNFORTUNATELY, TO A COUNTRY MORE POLITICALLY 'KEYNSIAN', SAY ENGLAND, AND TO A NATION-STATE WORLD, SAY OF THE 1920S, (SKIDELSKY AND ALL OF THAT), THAN TO OUR 'COUNTRY', OR TO OUR AMERICANOMIC WORLD.
(I PUT THE TERM COUNTRY IN PARENTHESES BECAUSE THE US HAS NOT SUFFICIENT POLITICAL INTEGRITY NORMALLY ASSOCIATED WITH THE TERM NATION-STATE.) NOWADAYS AMERICA IS RATHER MORE A FIGURE OF SPEECH.
SOME OF THE DETAILED REASONS WHY HIS RECOMMENDATIONS, HOWEVER WELL INTENTIONED, CANNOT ACCOMPLISH MUCH FOR THE DOMESTIC 'AMERICAN' POPULATION WOULD TAKE SOME TIME AND PARAGRAPHS TO UNPACK.
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