On Dec 18, 2009, at 2:31 PM, Dennis Claxton wrote:
> At 11:21 AM 12/18/2009, Doug Henwood wrote:
>
>> The rate of profit in the U.S. has been rising for the last few
>> quarters, actually, but I don't suppose that matters to this sort of
>> thing.
>
> Party pooper.
Well, David Laibman once denounced me for being a vulgar empiricist, since I used empirical data to refute efficient market theory in Wall Street. A theory can only be refuted with another theory, he disclosed.
Doug