Which one?
> One of the ideas I have pushed is that product markets are deflationary. > Alternatively, you can create competitive pressures by making factor > markets more costly. Increasing wages or resource costs are not > deflationary. I worked this out in a book that Jim Devine did not like. > > > > Michael Perelman > Economics Department > California State University > michael at ecst.csuchico.edu > Chico, CA 95929 > 530-898-5321 > fax 530-898-5901 >
