jlrogers±³© wrote:

Memory, or rather, the lack thereof strikes again. It was Keynes, not
Galbraith. I called Ed DeSpain, who wrote the answer. Here is his actual
answer:

Friedman: money matters, save it.
Keynes: money doesn't matter, spend it
Patinkin: Neither of those guys matter, only wealth matters.


I'm not so familiar with Patinkin, but that sounds like a
good answer. How come you didn't get an A yourself?
Economics is easy & fun... it's the original fuzzy math.

I have saved a number of my economics papers, on subjects
like the civic influence of Japanese castles during the
Tokugawa Shogunate, and (more on topic) the influence of
technology on sailing ship design & shipping during the era
of sail power.


I went to Southern Methodist.


Probably the one in Texas, not the one in South Carolina?
FWIW I went to a number of institutions of learning, but the
only one that is forced to claim me is N.C. State.

DSK