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Friday, March 20, 2009

IS OBAMA A COVERT SOCIALIST, AS SOME RIGHT-WING AND OTHER REPUBLICANS NOW CHARGE?

The Answer to the Subject-Query?

It's set out at length, with lots of historical and definitional steps in the analysis --- backed by a lot of historical data --- in a buggy post left at Economist's View . . . an unusually good economic blog run by Professor Mark Thoma of the University of Oregon, himself a New Keynesian macro-economist.

And as  you'll see if you click here, that bugged-out commentary links at the end to an even longer post left last October (2008) by prof bug on why socialism has had virtually no influence in the United States.  No, not even as in Britain, Canada, Australia, and New Zealand --- where moderate, non-Marxist Labor parties emerged early in the last century.