From: Ian Hunt (ian.hunt@FLINDERS.EDU.AU)
Date: Thu Sep 06 2007 - 19:43:40 EDT
Bertram Schefold ("Fixed Capital as a Joint
Product," Jahrbucher für Nationalökonomie und
Statistik 192 (1977) has a Sraffa style model
with unequal turnover periods of capital. So
Fred's comment seems plainly wrong,
Cheers,
Ian
>--- Fred Moseley <fmoseley@MTHOLYOKE.EDU> wrote:
>
>> And let’s not forget that the Sraffian method of
>> simultaneous
>> determination of input prices and output prices from
>> given physical
>> quantities is not really a viable theoretical
>> alternative. Because it
>> is based on the completely unrealistic assumption
>> that all industries
>> have the same turnover period. This is not a
>> simplifying assumption,
>> that could be relaxed at a later state of the
>> theory, but is instead a
>> necessary essential assumption that could not be
>> relaxed, without which
>> the theory doesn’t work.
>_________________________________
>So Fred, Sraffa had never read Ricardo and Torrense?
>Or you have never read Ricardo? I leave aside your
>peculier interpretation of Marx's prices of
>production, because no matter how many times I show
>your elementary mistakes you are never going to
>acknowledge it. Cheers, ajit sinha
>
>
>
>
>
>
>
>____________________________________________________________________________________
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--
Associate Professor Ian Hunt,
Dept of Philosophy, School of Humanities,
Director, Centre for Applied Philosophy,
Flinders University of SA,
Humanities Building,
Bedford Park, SA, 5042,
Ph: (08) 8201 2054 Fax: (08) 8201 2784
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