Planning, Market & Unemployment

[Michael Perelman]

Jim Heartfield noted that Titkin estimates that more than half of the Soviet
output was waste.  I suspect that much more of the U.S. output is waste.
Remember Doug's recent estimate that 5 million people are involved in
telemarketing.  Include advertising, lobbying .....

What about the destruction of "surplus" agricultural products?

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu