Michael Perelman wrote:
> The person who has done the most to answer Ann's question is
> Georgescu-Roegen, who insisted that the basic problem is one of stocks
> & flows.
>
> The whole marginal cost is a flow concept & stocks don't fit easily
> into that picture. ...

in what way? can you give a specific example?

-- 
Jim Devine / "laugh if you want to / really is kinda funny / cause the
world is a car / and you're the crash test dummy" -- Devil Makes
Three.
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