[OPE-L:3754] RE: Hairsplitting

Ian Hun (Ian.Hunt@flinders.edu.au)
Sun, 1 Dec 1996 22:41:04 -0800 (PST)

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Dear Chai-on,
at each stage of the iteration you have
inconsistent input and output prices, so the rate of exploitation will
change as you go through the iteration. It is certainly only a mathematical
device (that is, the real economy does not go through the iterative
process) but I don't see that as a problem,