The following, which Steve Keen wrote in OPE-L 4349, is false: "The TSS approach to this is to dismiss consideration of a state in which rates of [technical] change equal zero, and provide numerical examples where the twin propositions above cannot be contradicted. I suggest that Steve read Kliman and McGlone, "The Transformation Non-Problem and the Non-Transformation Problem," Capital and Class 35, 1988. Or McGlone and Kliman, "One System or Two?" in Marx and Non-equilibrium Economics, Freeman and Carchedi (eds.), Edward Elgar, 1996. Or Eduardo Maldonado-Filho, "Tying-up and Release of Capital and the 'Transformation Problem'", presented at EEA Convention, 1997, available from the IWGVT website, www.gre.ac.uk/~fa03/iwgvt . These works show that Marx's aggregate equalities hold under the temporal single-system interpretation of his value theory when there is no technical change. They also explicitly show that Marx's aggregate equalities hold under the temporal single-system interpretation of his value theory even in *static equilibrium*. I suggest that in the future Steve base his evaluation of the TSS interpretation on a prior study of TSS research. Andrew Kliman
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