A reply to OPE-L 4999:
Please retract the false charge you made yesterday, Jerry. Then
we'll talk.
Andrew ("Drewk") Kliman
Dept. of Social Sciences
Pace University
Pleasantville, NY 10570 USA
phone: (914) 773-3968
fax: (914) 773-3951
Home: 60 W. 76th St. #4E
New York, NY 10023 USA
"The practice of philosophy is itself theoretical. It is the
critique that measures the individual existence by the essence,
the particular reality by the Idea."
-----Original Message-----
From: owner-ope-l@galaxy.csuchico.edu
[mailto:owner-ope-l@galaxy.csuchico.edu]On Behalf Of Gerald_A_Levy
Sent: Tuesday, February 20, 2001 1:01 PM
To: ope-l@galaxy.csuchico.edu
Subject: [OPE-L:4999] Re: Luxury Production: Karl vs. Fred and
Rakesh
Re Andrew K's [OPE-L:4998]:
> I. Assume a two-sector economy. Sector f produces > food by
means of
food and living labor; sector y
> produces yachts, a luxury good,
> by means of food and living labor. Workers'
> consumption consists
> of food. There is no fixed capital (for simplicity).
<snip, JL>
> . Technical change in yacht
> production has no effect on its magnitude. Q.E.D.
I could very well have missed it, but I didn't see the equations
for
technical change in your model (or "illustration" ... or
"numerical
example". Pick whatever term you prefer). What is the nature of
the
technical change that occurs in your 2-sector circulating
capital-only
model?
btw, as someone who likes to sail, I was somewhat tickled by the
stipulation
that food is the only means of production used to produce yachts.
I don't
think that boat will float (but that is another story that I
would agree is
irrelevant for the purposes of this discussion).
In solidarity, Jerry
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