[OPE-L:3227] RE: Equal Profit Rates

andrew kliman (Andrew_Kliman@msn.com)
Wed, 2 Oct 1996 08:22:12 -0700 (PDT)

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In response to my remarks on the intended import of the Okishio theorem, Paul
C wrote in ope-l 3221: "It is then not a potential theory of scientific
political economy, but a proposition of mathematics, so why be concerned with

What I wrote indicated that the theorem makes claims concerning *causation*,
the causes of change in the profit rate, under certain assumptions
(Okishio-viable technical change, uniform profitability). I don't see how one
can conclude from this, as Paul does, that the theorem is "a proposition of

Andrew Kliman