The Review of Economics and Statistics Vol. 28 No. 3 1946
Dr. Hansen on "The Bogey of Economic Maturity"
Abstract
SINCE I did not have opportunity of seeing Dr. Hansen's article in February issue of this REVIEW 1 before publication, I must offer a belated rejoinder, which I have promised Editor will be brief. Let me begin by correcting Dr. Hansen's impression that everything said in The Bogey of Economic Maturity about the stagnationists was intended to apply to him personally. To be sure, I quoted principally from his writings, which offer most coherent and systematic exposition of stagnationist theory, but I tried to make clear that I was addressing myself to a whole school of thought, not to its major prophet alone. Because some of Dr. Hansen's disciples have displayed less caution and moderation than master, I had occasion to -take to task some views he did not share, and for which he should not be held responsible. If my cautionary explanations did not make this sufficiently clear, I am glad of this opportunity to state in writing what I have long since told Dr. Hansen personally. In view of limited space at my disposal and untimeliness of a delayed rejoinder, I shall content myself with suggesting approach or direction my reply would take if spelled out, leaving a fuller development of argument to book itself.
- DOI
- 10.2307/1926426
- Volume
- 28
- Issue
- 3
- Pages
- 170
- Sources
- openalex crossref