On Feb 1, 2009, at 5:49 PM, Doug Henwood wrote:
> ...the alleged rate of profit on new investment, a quantity no one
> can really observe, and no portfolio manager ever thinks about?...
So why did Keynes pay so much attention to this MEI schedule? Isn't this the question posed to *corporate* (not portfolio, which has nothing to say about investment) management by each and every capital- spending decision?
Shane Mage
> This cosmos did none of gods or men make, but it
> always was and is and shall be: an everlasting fire,
> kindling in measures and going out in measures."
>
> Herakleitos of Ephesos