Scitovslcy
1175 N. Lemon Ave.,
Menlo Park, Cal. 94025
July 1, 1984
Dear Josef
Thank you very much for sending me your two new papers.
I very much enjoyed both of them and certainly share Moe Abramovitz's
enthusiasm for your "Reflections", which he carries around and makes all
his colleagues to read.
I have been busy writing a review of Abba Lerner's lifetime
work and trying to explain the buyers' market in capitalist economies,
which is so greatly admired by Kornai and other Hungarian economists, as
the natural outcome of monopolistic competition and monopolistic exploi
tation of buyers. When either of these reaches a satisfactory stage, I
shall send you a copy.
This year, unfortunately, we are unable to come to Europe,
mainly because we had difficulty in finding a suitable tenant to take care
of our house. Asa result, we decided to enjoy our own garden for a change
and will be away only for a very short to Japan. Next year, however, we
very definitely plan and hope for another trip to Switzerland and Hungary
and for a meeting with you if at all possible.
From your wonderful intellectual output, I judge that you
are in good shape and hope that you are also in good health, planning a
good and interesting summer vacation. We are reasonably well in health
and spirits, Elisabeth retires from her job at the end of the year and
is looking forward to a more leisurely existence.