[OPE-L:7458] [OPE-L:992] Re: Re: David Yaffe and the "velocitometer"

JERRY LEVY (jlevy@sescva.esc.edu)
Sun, 16 May 1999 09:52:18 -0400

Re Chai-on's [OPE-L:991]:

I don't know whether a "velocitometer" is the same thing as a
"velocimeter". Indeed, I don't even know whether there is such
a invention as a "velocitometer" and I suspect that Allin is
correct in his suggestion about the assertion in _The Guardian_
concerning David Yaffe.

I wonder, though, does anone on the list believe that changes in
rate of profit can be measured -- and *predicted* -- within "five
decimal points"? If not, what about 3 decimal points? What about
1 decimal point? If anyone answers "yes" to any of the above,
then I'd like to know what assumptions you are employing in your
predictive model concerning the rate of profit.

(I apologize for any spelling, etc. errors in this post. I am
temporarily unable to access my Pratt account and this is an
inferior system which does not allow me to spellcheck or edit.
The sentence in the preceeding paragraph should begin: "I wonder,
though, does anyone on the list believe that changes in the rate
of profit ....").

In solidarity, Jerry