Re: S=I, an old debate.

[Paul Davidson <pdavidson@xxxxxxx>]

At 02:57 PM 8/15/98 -0700, CHAS wrote:
>At 02:16 PM 8/15/98 -0700, you wrote:
>>Louis-Philippe Rochon had written:
>>http://csf.colorado.edu/mail/pkt/nov97/0113.html
>>
>
>Davidson side-steps the priority problem by using a definition of saving
>that doesn't really tell us "what it is," only that it is part of something
>else, which he also doesn't define.
>
>Chas
>

I have always defined real saving as all resources that are not used to
produce consumption goods.  How would you define it?
Paul Davidson
Holly Chair of Excellence in Political Economy
Economics Department -- 523 SMC
University of Tennessee
Knoxville, Tennesseee 37996-0550
email: Pdavidson@xxxxxxx;   phone: (423)974-4221;    fax: (423) 974-1686