From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Thu Sep 06 2007 - 19:13:52 EDT
--- Fred Moseley <fmoseley@MTHOLYOKE.EDU> wrote: > And let’s not forget that the Sraffian method of > simultaneous > determination of input prices and output prices from > given physical > quantities is not really a viable theoretical > alternative. Because it > is based on the completely unrealistic assumption > that all industries > have the same turnover period. This is not a > simplifying assumption, > that could be relaxed at a later state of the > theory, but is instead a > necessary essential assumption that could not be > relaxed, without which > the theory doesn’t work. _________________________________ So Fred, Sraffa had never read Ricardo and Torrense? Or you have never read Ricardo? I leave aside your peculier interpretation of Marx's prices of production, because no matter how many times I show your elementary mistakes you are never going to acknowledge it. Cheers, ajit sinha ____________________________________________________________________________________ Park yourself in front of a world of choices in alternative vehicles. Visit the Yahoo! Auto Green Center. http://autos.yahoo.com/green_center/
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