[OPE-L:1229] Re: A weakness of capitalism

Duncan K Foley (dkf2@columbia.edu)
Mon, 26 Feb 1996 13:21:58 -0800

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Alan's suggestion that there is a systematic business-cycle relationship
between the value commanded by an ounce of gold and the labor embodied in
an ounce of gold in a gold standard system could make a great research
project for an economic historian.