Michael Perelman wrote: > I should have said productivity increase rather than technical change, but > technical change is part of it. > > Speedups show up as higher productivity. Alex Field's data show that > productivity change was extremely rapid during the Great Depression. Net > investment was non-existant, but the investment that came from depreciation > funds.<
exactly! -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
