I suspect that the job creation effect of new technology interacts with the limits of the market -- not just underconsumption. That was a theme of the power and plenty book that I mentioned earlier. -- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
