[lbo-talk] law of value

[Eubulides]

On Nov 29, 2007 7:42 AM, Rakesh Bhandari <bhandari at berkeley.edu> wrote:
> >You might want to peruse the discussions of Sraffa at OPE-L that
> >involve RB. Perhaps you'll reconsider your fawning....
> >
> >A Marx mathematized with nonlinear differential equations instead of
> >matrix algebra for the purposes of macroeconomic modeling still ends
> >up jettisoning lots of stuff in C vI-III
> >
> >Ian
>
> Wow. No one should fawn, please present an argument against what I
> said. Your argument or someone else's (you don't have to give the
> person's name).

============

If the deployment of matrix algebra to demonstrate some of the
inconsistencies of some of Marx' hypotheses isn't enough to convince
you that Occam's razor is applicable to the ltv, what makes you think
you'd be convinced by the use of nonlinear diff eqs.?

Sraffa's argument was deployed against the then mainstream of the
profession on their own terms.  That his work has non fatal, yet
serious, ramifications for Marx' work should no more bother Marxists
than quantum theory should have bothered Einstein. There's plenty left
to analyze and explain with what's left.

But then, I've *almost* learned that discussing this issue with you is
a waste of all too precious time. :-)

Ian