From: glevy@PRATT.EDU
Date: Thu Nov 20 2003 - 11:44:54 EST
Mike L wrote: > OK, what produces those declining money wages? Assume that those > productivity increases drop from the sky (ie., without any effect of an > increase in the technical composition of capital). The decline in money wages, also, would have to drop from the sky since the only reason they would decline is because of the assumption of a given real wage. In solidarity, Jerry
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