BusinessWeek Has No Point To Miss

I would like to thank Christopher Farrell and Michael Mandel of BusinessWeek Online for their thought provoking post and column, but the significance of the distinction between hairshirts and growth proponents in advancing our understanding of economic ideas that is clear to the two of you  is still unclear to me...

[Update:  PGL at Angry Bear offers his comments.]

[Update:  Once again, thanks to Michael Mandel for provoking thought.  There are some very good books on what constitutes a valid school of economic thought and when recogonition of such schools advances our understanding of important economic principles.  Arbitrary slices don’t cut it.]