Historical Materialism
by Michael Perelman
07 February 2002 02:09 UTC  

The measurement of the capital stock is in impossibility.  Franklin Fisher
once worked up the requirements for aggregation.  Can't be done!

The inability to calculate real depreciation presents another barrier.

I mentioned this in passing before in questioning how seriously we should
take estimates of profit rates as anything more than a rough rule of
thumb.

^^^^^

CB: Might this be termed the indeterminancy principle of the rate of profit ?

(Although Heisenberg is getting busted in the NYT these days )



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