Yes but what do you mean by "dramatic increasing returns to
manufacturing and decreasing returns to resources". In Canada
manufacturing is in difficulty while the resource industries are
reaping the highest prices in decades.
Paul P
Michael Perelman wrote:
I was thinking about the conflicting signs of inflation & deflation.
On Sat, Apr 09, 2005 at 03:11:40PM -0700, paul phillips wrote:
Michael, can you explain what you mean by this?
Michael Perelman wrote:
I've been thinking about the conflicting signals on inflation. I can't think of another
period when the world is seeing such dramatic increasing returns to manufacturing and
decreasing returns to resources hitting at the same time.
Paul P
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Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
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