=====
(V23) HIDDEN HISTORY OF 9-11, Seven Stories Press, 2nd ed. softcover
(V24) TRANSITIONS IN LATIN AMERICA (V25) WHY CAPITALISM SURVIVES CRISES
(V26) THE NATIONAL QUESTION AND THE QUESTION OF CRISIS
====> Research in Political Economy, Emerald Group, Bingley, UK
====> P.Zarembka, Ed., www.emeraldinsight.com/books.htm?issn=0161-7230
.
Dave,
All my professional life I have tried to understand mathematical
results, not simply report a derivation. Understanding implies being
able to explain in normal language the mechanism that drives a result.
That is the ONLY thing I am attempting now, with my questions to Paul C.
Paul
On 11/29/2010 4:17 PM, Dave Zachariah wrote:
> On 2010-11-29 22:02, Paul Zarembka wrote:
>
>> I am asking HOW you got the result "a rise in the
>> undproductive expenditure causes a rise in the rate of profit".
>>
> Note that it is the *share* of unproductive expenditure, u, out of the
> total surplus value that Paul C is talking about. His derivation of the
> result is quite clear here:
>
> http://reality.gn.apc.org/econ/Smithconf.pdf
>
> The result may be 'perverse', but such are the laws of this economic system.
>
> //Dave Z
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>
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Received on Mon Nov 29 16:50:47 2010
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