[OPE-L] The unfinished work

From: Jurriaan Bendien (adsl675281@TISCALI.NL)
Date: Wed Sep 13 2006 - 11:21:51 EDT

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>Do remember that Grossman was an accomplished
statistican and packed his magnum opus with historical and contemporary
examples.

Undoubtedly Grossman was a bright guy, but his credentials are neither here
nor there, the question is whether his argument is correct. There exist
plenty economists who are accomplished statisticians, capable of giving and
contemporary examples, but that does not mean their hypotheses are therefore
true. I think at most the reproduction schemes can prove the conditions of
balanced economic growth, and various possibilities for those conditions
breaking down.

J.

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