The point Andrew and I were making was that Marx made that point more than
100 years ago.
>
> This may be cast in a variety of different equations, but
> the insight remains the same and must have been independently
> arrived at many times. I recall it being current in discussions
> at the CSE over 20 years ago.
>
-- Michael Perelman Economics Department California State University Chico, CA 95929Tel. 916-898-5321 E-Mail michael@ecst.csuchico.edu