Paul Davidson response to more NY Fed payroll tax holiday comments

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On Sun, Nov 15, 2009 at 10:47 AM, Davidson, Paul wrote:

I agree with Warren on his entire argument except for one point. He calls these New Keynesians and neoclassical people “relatively intelligent”. Ha! As an academic who has been challenging their assumptions for more than 35 years, I reject the idea that they are relatively intelligent!!