Critique of Klimans theory of price
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Video Source: www.youtube.com/watch?v=WM3sQLm-y88
This is is a demonstration that Kliman's theory of price fails to attain its stated goals of refuting Samuelson and Okishio, and that it is just Sraffaian price theory under a thin disguise. • The video relies on a matlab programme that jointly simulates Kliman's theory along with Sraffa's theory and demonstrates that they yield the same result. A link to the programme is here : • https://drive.google.com/file/d/1AtyE...
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