----------------- HES POSTING ----------------- Roger, Intertemporal optimization neither eliminates nor renders irrelevant reswitching or the more general Cambridge capital theoretic critique. For a neoclassical supporting my argument, see Edwin Burmeister, _Capital Theory and Dynamics_, 1980, Cambridge University Press. Barkley Rosser ------------ FOOTER TO HES POSTING ------------ For information, send the message "info HES" to [log in to unmask]