On Mon, 19 Feb 1996 Paul_Cockshott <wpc@cs.strath.ac.uk> said:
>John
>----
>
>Does competition bring about the price changes
>that lead to an FRP?
>
>Paul
>----
>This is essentially a macroeconomic issue
>not a microeconomic one. It relates to the
>aggregate conditions of accumulation, and
>as such one fails to take into account many
>important factors if one poses it at the
>level of competition.
>
John
So far, I agree. The question is, What are those
"aggregate conditions"?