Chris Burford wrote:
>
> I shall take silence as consent.
Oh, come on Chris. There are *laws* against that kind of reasoning.
Mark
At 30/06/01 07:15 +0100, I wrote:
>I would appreciate criticism on whether the connection I make is
>reasonable, and whether Schweickart in his gentle exposition is doing
>violence to a) the facts b) marxist political economy.
>
>Otherwise I suggest the list takes the implications of this argume
Schweickart does not specifically discuss situations, arguably like the
present, when the average interest rate minus inflation in the US is
virtually zero.
However he does discuss the "purpose" and significance of having an
interest rate at all, and the effect of the differential between thos