A clarification.
In ope-l 5088, I responded to the following by Ajit:
"The production conditions in period 1 and period zero gives price
ratio equal to 1:1 and the profit rate equal to 33.33%. What is your problem
with this?"
My response was:
Since you have no problem with it, I have no problem with it in this context
either, since what is at issue is the internal coherence of YOUR OWN price
theory. Whether a particular proposition within that theory is true or false
is not germane to the issue of the theory's internal coherence.
Upon rereading this response, I find it unclear. I amend it to read:
"In the present context -- where what is at issue is only the internal
coherence of YOUR OWN price
theory, and not whether a particular proposition within that theory is true or
false -- my only 'problem' with the price ratio of 1:1 is that it fails to
meet the conditions of the challenge I issued. I can demonstrate this, if you
wish."
Andrew Kliman