Co-state variables...

[Brad De Long]

>In a message dated 98-05-13 17:30:55 EDT, you write:
>
><< "A society is rich when material goods, including capital, are cheap, and
> human beings dear."  -- R.H. Tawney. >>
>
>Hmm.  This perfectly describes early-19th-century US -- if you overlook the
>human beings held as chattel slaves in the South or those slated for
>extermination in West....
>
>Dan Lazare

No, you don't have to overlook the human beings held as chattel slaves.
They were *expensive*!

Brad DeLong