I will do so Andrew. My somewhat emotional previous post was based on Rakesh's tendency to put words into my mouth. Steve At 05:55 AM 10/29/2000 -0500, you wrote: >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 > > Dr. Steve Keen Senior Lecturer Economics & Finance University of Western Sydney Macarthur Building 11 Room 30, Goldsmith Avenue, Campbelltown PO Box 555 Campbelltown NSW 2560 Australia s.keen@uws.edu.au 61 2 4620-3016 Fax 61 2 4626-6683 Home 02 9558-8018 Mobile 0409 716 088 Home Page: http://bus.macarthur.uws.edu.au/steve-keen/
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