Re: FW: Debunking economics

["Steve Keen" <stevekeen10@xxxxxxxxxxx>]

Excellent John!

This is one which I hadn't as yet done the maths on [I have for other
issues, like the proof that for competitive firms to have a cost curve
identical to a monopoly, marginal cost must be constant]. There are in
addition a number of other proofs originally done by my once PhD supervisor
and very good friend Geoff Fishburn. Together, they make a mockery of the
neoclassical model of the firm--so an excellent *joint* paper is feasible,
and something I'd like to work on after "Debunking" is published.

Cheers,
Steve


> From: "John M. Legge" <jlegge@xxxxxxxxxx>
> To: "Steve Keen \(E-mail 2\)" <stevekeen10@xxxxxxxxxxx>
> Subject: FW: Debunking economics
> Date: Mon, 29 May 2000 11:44:28 +1000
>
> I don't know whether Ric is going to release this to the list, but you
> might
> be interested anyway:
>
> JML
>   -----Original Message-----
>   From: John M. Legge [mailto:jlegge@xxxxxxxxxx]
>   Sent: Monday, 29 May 2000 3:10 AM
>   To: Post Keynesian Thought (E-mail)
>   Subject: Debunking economics
>
>
>   I have posted a formal proof of Steve Keen's hypothesis.  I believe that
> it is robust against all assumptions short of infinite supplier entry.
>
>   http://www.users.bigpond.com/msn/jlegge/inprogress/keen_hypothesis.pdf
>
>   It is, of course, Steve's baby, but I would like to share in any
> comments,
>
>   JML

________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com