[OPE-L:3861] Re: Re: Re: Re: NI and all that

From: Steve Keen (s.keen@uws.edu.au)
Date: Wed Sep 20 2000 - 16:11:11 EDT

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To Allin's reply to Rakesh:

>> And if you think price/value deviations are so
>> insignificant, why are you so bothered that Marx's tableau
>> does not allow for such in terms of the inputs? Why exactly
>> are you up in arms over this so called second order
>> complication?
>Fair question. I do believe that the second-order complication
>is not of great practical importance. But I value analytical
>clarity, and it don't think it's any service to Marx to fudge a
>theoretical issue on which he expended a great deal of
>intellectual energy.

all I can say is... amen!

Dr. Steve Keen
Senior Lecturer
Economics & Finance
University of Western Sydney Macarthur
Building 11 Room 30,
Goldsmith Avenue, Campbelltown
PO Box 555 Campbelltown NSW 2560
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Home Page: http://bus.macarthur.uws.edu.au/steve-keen/

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