From: GERALD LEVY (gerald_a_levy@msn.com)
Date: Fri Apr 18 2008 - 08:23:37 EDT
Hi Paul C: Although Anwar assumes - following Marx - in these papers that gold is the money commodity, I think that the basic argument made about the law of absolute costs can be re-cast without that assumption, e.g. in a model which assumed that the US$ is the universal equivalent and takes on the role of "world money". In solidarity, Jerry _______________________________________________ ope mailing list ope@lists.csuchico.edu https://lists.csuchico.edu/mailman/listinfo/ope
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