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On Tue, 20 Jul 1999 00:14:27 Michael Pollak wrote:
>
>What book does Shaikh develop this idea in?
>
His paper on exchange rates determination based on the labor theory of value is available at the New School as a working paper. You can call the economics department at (212) 229-5731 and ask them to send you a copy.
Recently he wrote another paper, a bit more advanced and difficult, in which he develops the same argument at:
ftp://wueconb.wustl.edu/econ-wp/mac/papers/9904/9904002.pdf
(this is part of a website with some really good working papers by radical post-keynesians from the Levy Institute at http://econwpa.wustl.edu/months/mac where some like Randall Wray ftp://wueconb.wustl.edu/econ-wp/mac/papers/9902/9902008.pdf even argue that Keynes liquidity theory can work only with the adoption of a labor theory of value!!!, not bad for the PK's)
Fabian
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