RE: [OPE] webpage computing dynamic rate of profit

 
Gerry:
Hi Dave:

Fixed capital? What about Constant circulating capital?

-----------------
Paul C

In the UK figures, the changes in circulating capital from year to year are small compared to fixed capital. The Penn World Tables do not give figures for circulating capital
----------------------------

Gerry
---------
 Also, why
isn't V in the denominator?
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Allin has now put the derivation of the equilibrium rate up as

> >
> > http://www.wfu.edu/~cottrell/profitrate.pdf

As you can see from reading the paper the derivation causes V to drop out of the dynamic equation.

In solidarity, Jerry

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Received on Sun May 17 17:03:13 2009