From: "John R. Ernst" <ernst-AT-pipeline.com>
Date: Sun, 14 May 1995 15:47:33 -0400
Subject: Re: Value - Steve's paper: Part 3


 
Jerry, 
 
I don't get it.  If, as you say, the neo-ricardians do not have technical
change in their models, how does their refutation of 
Marx's falling rate of profit work as the fall is part of his idea of 
technical change? 
 
 
                                                      John 
 
 


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