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Rakesh, I would say that Lexis seems to have the general approach corrent, and probably deserves more credit than Engels gives. But he does not go all the way (at least not in Engels' excerpt) to show how prices of production are determined.
Comradely, Fred
Why did Lexis not go all the way? I don't understand Engels' criticism.
rb
- Re: [OPE-L] monetary macro interpretation, (continued)
- Re: [OPE-L] monetary macro interpretation, Rakesh Bhandari Sat 27 May 2006, 15:07 GMT
- Re: [OPE-L] monetary macro interpretation, Fred Moseley Sun 28 May 2006, 20:50 GMT
- Re: [OPE-L] monetary macro interpretation, Rakesh Bhandari Thu 25 May 2006, 22:56 GMT
- Re: [OPE-L] monetary macro interpretation, Fred Moseley Sat 27 May 2006, 13:20 GMT
- Re: [OPE-L] monetary macro interpretation, Rakesh Bhandari Sat 27 May 2006, 15:10 GMT
- [OPE-L] monetary macro interpretation, Jurriaan Bendien Sun 28 May 2006, 11:31 GMT
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- Re: [OPE-L] monetary macro interpretation, Fred Moseley Sun 28 May 2006, 20:56 GMT
- [OPE-L] monetary macro interpretation, Jurriaan Bendien Wed 31 May 2006, 17:10 GMT