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The economics of secondhand goods was a central theme in the second half of my Keynes book. Even more difficult than getting a handle on secondhand goods is the challenge figuring out the value of used capital goods that have not been marketed. Without knowing the value ( monetary value of course) of these goods to termination of the rate of profit becomes impossible. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
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