From: Jurriaan Bendien (andromeda246@HETNET.NL)
Date: Tue May 18 2004 - 19:12:51 EDT
> Enjoyed your piece on profit rate in latest History of Political > Economy. The discovery of inverse relation between profit rate and > mass of profit was not Marx's but Richard Jones; moreover, Grossmann > was the first Marxist after to Marx to emphasize that relation. I > found your piece very stimulating. Lewis Corey (pseud. of Louis Fraina) had noted this in his book The Decline of American Capitalism (Covici Friede, 1934). For more on Corey, see http://www.wpunj.edu/~newpol/issue17/buhle17.htm J.
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