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Rakesh wrote, in response to Fred M.:
[>] ... though I don't think I agree with the understanding of
> prices of production as centers of gravity, I hope that the monetary-macro
> method can be dynamized sufficiently that it's clear why such centers of
> gravity can be nothing more than vanishing points).
>
Rakesh, could you elaborate on this? Are you saying that prices of
production are the end-points of an asymptotic process, or what?
Julian
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