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To: A. Pole
If you respect Ricardo so much, why don't you give HIM the credit for his law of Wages Stabilizing at Subsistence Level?

Or are you denying that Ricardo formulated this law?

Who said I respected Ricardo? You never answered, where are these workers?

342 posted on 09/20/2005 9:41:05 PM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
You never answered, where are these workers?

The Ricardo's law applies to the ideal free market model. The real systems approach this model only to the extent the free market ideal is implemented. Fortunately free market cannot be implemented fully, no more than children can be raised using Ayn Rand concepts.

343 posted on 09/20/2005 9:50:32 PM PDT by A. Pole (Gov.Gumpas:"But that would be putting the clock back, have you no idea of progress, of development?")
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