Previous message: andrew kliman: "[OPE-L:4096] RE: Another Sheep?"
Dear Alejandro :
Thank you for vindicating me.
But, unfortunately, there is no choice for me to copy off your
explanation in [OPE-L:4078] once more. I think that it is the exact
point Andrew has.
As you know, I don't agree with you(& Andrew) on the way constant inputs
are calculated(or defined?). Like Jerry, I think that the future must
affect the present. Real dynamics might be a dialectical synthesis of
past and future...
By the way, I think that the numerical example presented by Andrew is
too simple to be a material for discussing the equalization of the rate
of profit.
For example, so-called 'simultaneist calculation' does not change your
solution in [OPE-L:4051]. Namely, 'simultaneist' will invest his capital
in sector B, too. His solution will be as follows :
1) In case product A is am input of product B :
-------------------------------------------------------
Physical Unit Income Cost Profit
Output Price Price Rate
-------------------------------------------------------
A 100 $1.0890 $108.90 $99 10%
B 100 $1.0908 $109.80 $99 10.18%
-------------------------------------------------------
2) In case product B is am input of product A :
-------------------------------------------------------
Physical Unit Income Cost Profit
Output Price Price Rate
-------------------------------------------------------
A 100 $1.0890 $108.90 $101 7.82%
B 100 $1.0908 $109.80 $101 8.0%
-------------------------------------------------------
Nice to see you in OPE-L.
Good luck.
Rieu