Farbeit for me to defend Sraffian models of the edon (yuk) economy,
since they are very utopian. But at least they don't assume full
employment (and a total absense of quantity constraints) they the
way Walrasian models do.
But give me a vision of the economy as a dynamic disq disequilibrium
process any day! both Walrasian and Sraffian models fail that test.
in pen-l solidarity,
Jim Devine BITNET: jndf@lmuacad INTERNET: [EMAIL PROTECTED]
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950
