Marx and the Austrians Again

Michael Perelman michael at
Fri Sep 3 23:09:55 MDT 1999

I quite similar indeed.  I only met him once.  I went up to him afterwords and
told him how similar I thought his presentation was to my own.  He said that he
knew of my work and was not at all surprised with the similarity.

Patrick Bond wrote:

> Michael, this sounds exactly like David Harvey's "solution" to the
> transformation problem, in Limits to Capital. Same line of thinking?
> > From:          michael at
> > Evenually, this disconnect between prices and values [under ideal
> > conditions they would not be equal, but would bear a rough similarity]
> > leads to a crisis, which can either destroy the system or re-establish the
> > connection between prices and values.
> Patrick Bond
> email:  pbond at * phone:  2711-614-8088
> home:  51 Somerset Road, Kensington 2094 South Africa
> work:  University of the Witwatersrand
> Graduate School of Public and Development Management
> PO Box 601, Wits 2050, South Africa
> email:  bondp at
> phone:  2711-488-5917 * fax:  2711-484-2729

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at

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