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This is an old revision of this page, as edited by 14.203.207.166 (talk) at 22:09, 20 April 2018 (George Theory: new section). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Heard elsewhere

Stiglitz's article. It seemed fine though it could use more info on his theoretical contributions (he also did stuff on efficiency wages) and some things could be phrased better. Will try to do something. As an aside, usually he isn't considered a Post-Keynesian economist but a New-Keynesian economist (I know, all these labels are annoying). I guess he did some post-Keynesian type work back in the 60's but he's mostly considered to be in the mainstream these days.

Bloggers as external links?

Someone's added their rant about the Iraq war in the 'external links' section. That is far from an official source of information for anything, and has extremely questionable relevance to the rest of the article. Random guy's disagreement with an economist shouldn't be placed near links to more official sources of information - we all have opinions but that isn't the place to put them.

Totally agree with the above. I took it out, because it was a link to a random source with an opinion. If the source was authoritative, that would be another thing. Apparently the blogger is Michael Szanto, who happens to be a private investment banker. Those credentials are not substantive enough to be taken seriously.

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George Theory

The success of Mauritius over the last 40yrs has put George theory in the humbug basket. As a French colony it never did very well, at least not for the natives. The French administration was biased, corrupt, and heavily preferential to France. After 1968, the country became a free-trade state with a competent and honest government. Land taxes would not have paid for anything because of the huge variations in the price of sugar and vanilla. The availability of labor and the safety of investments compared to the rest of Africa, has seen the country's annual growth rate beat 3% since the 1970s. Europe's economy in the Middle Age was based entirely on land and crop tax. City enterprises were rarely taxed. It was the ruination of the masses, not their salvation.14.203.207.166 (talk) 22:09, 20 April 2018 (UTC)[reply]