Re: Disparity

["Harry Veeder" <veed0001@xxxxxxxxxxxxxxxx>]

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>From: Mason Clark <masonc@xxxxxxxxxxxxx>
>To: POST-KEYNESIAN THOUGHT <pkt@xxxxxxxxxxxxxxxx>
>Subject: Re: Disparity
>Date: Thu, Feb 17, 2000, 9:28 pm
>


>
>    PKT:  Is it a fact that the savings of the wealthy are
>    necessary for the investment in industry and standard
>    of living at the bottom?
>
>               Mason
>

I would say yes for investment in industry. No for
the "standard of living" at the "bottom". The engine
of economic growth comes from the rich, but the motor
oil comes from the poor and the gasoline are our energy
resources.

Harry Veeder