What is "lag time"? Carrol
-----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Jim Devine Sent: Wednesday, August 29, 2012 10:28 AM To: Progressive Economics Subject: Re: [Pen-l]Keynes´ analysis of lag time "is hard to refute" the "lags" are part of Marx's rejection of Say's Law in volume I of CAPITAL, with regard to either C-M-C or M-C-M. Of course, Keynes had something to add. Fernando Cassia wrote: > "But whatever you think of Keynes' economic solutions to Depressions, > his analysis of lag time is hard to refute. " > > http://www.pbs.org/newshour/businessdesk/2012/08/economists-debate-keynes-v- say.html > > interesting read, imho... -- Jim Devine / If you're going to support the lesser of two evils, at least you should know the nature of that evil. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
