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Re: Equilibrium, stasis and death

Response to Paul Cockshott:
     However as Puls Davidson might point out, it is possible
to construct static equilibrium models that contain unpleasant
phenomena and might be useful for socioeconomic criticism,
e.g. Paul's version of a long-run "Keynesian" (I am tempted to
say "fundamentalist Keynesian") equilibrium that is stable but
exhibits substantial "involuntary" unemployment.
Barkley Rosser
James Madison University
(PS to Steve Keen:  No disagreement)
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