660R. C. R. Fay to Harrod, 21 April [1937] [a]

Follows on from 649 R. Fay further comments on pp. 32-33 of The Trade Cycle, [1] pointing out that as to over-production, the distinction between specialised and non-specialised production involves a difficulty in the series of data, not a distinction in kind.

  1. 1. Harrod, The Trade Cycle ( 1936:8 ).
    1. a. From 111, Grantchester Meadows, Cambridge # , ALS, two pages on one leaf, mostly illegible, in HP IV-355-357.

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