I am delighted that Michael has read the book.
On Tue, Jul 19, 2011 at 7:52 AM, Michael Pollak <mpollak at panix.com> wrote:
>
> On Mon, 18 Jul 2011, Doug Henwood wrote:
>
>> I've tried several times to read Sraffa and was bored to death.
>
> One of Michael Perelman's best passages IMHO is his "Appendix on Prices,"
> pp. 62-65 of his first book _Farming For Profit In A Hungry World_ where he
> sums up the point of Sraffa in 3 pages and presents it as something that
> would interest you: that prices don't measure scarcity. (And instead
> measure "what Marx termed 'the respective powers of the combatants.'")
>
> I can't personally vouch for it being Sraffa, but if Michael invented it
> himself, then even more credit to him. It's very clear stand-alone piece of
> logical argument that, unlike Sraffa, is very easy to take in.
>
> Michael
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>
-- Michael Perelman Economics Department California State University Chico, CA 95929
530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com