On Mon, Feb 14, 2011 at 4:55 PM, Eugen Leitl <[email protected]> wrote:

> On Mon, Feb 14, 2011 at 11:03:28AM -0000, Anand Manikutty wrote:
>
> > Yes, but the theoretical argument from the elasticity of substitution
>
> The argument is empirical. I don't know what elasticity of substitution is.
>

I would also like to know.....went zzzippp! right over my head, that one.

D.

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