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Re: Minsky, FIH, and stability



FROM:  Paul Davidson
"      Economics Department
"      523 Stokely Management Center     974-4221
Dear David Drukker: It doesn't matter whether imperfectcompetition is more gene
ral and perfect competition is a special case or vica versa. Since Keynes's
GENERAL theory is applicable to both imperfect competition and perfect competti
on, Keynes's theory is the more GENERAL theory! Paul Davidson

Have a good day!


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