I’ve been organising an anti-the-41 letter, which has been going slowly, the score currently 41-29. In the course of that I corresponded with Paul Levine, a Professor specialising in macro at the University of Surrey.
Paul is a founder member of the European community of economists that started to do macro properly, following the lead of the US. And with Pearlman, wrote foundational papers in time-consistency and control theory that I remember Nobel laureate Tom Sargent marveling at in his macro lectures.
Anyway, cutting to the chase, Paul wrote his own letter, which the Observer seem to have decided to ignore, responding to the 41. I hope their neglect was accidental, because it does not look like it, spoiling as it does a Guardian letter that became a one-sided Guardian story about how Corby is proposing respectable macroeconomics. Here’s the text:
“The 41 signatories (Observer, Sunday 23rd August) writing on …
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Utopia, you are standing in it! 
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