SEMAINE D'ÉTUDE SUR LE ROLE DE L'ANALYSE ECONOMETRIQUE ETC. 20. population were to increase to such an extent that just space on which to exist would become very scarce, and it might actually be- come a problem well before that. It seems however that technology has so many possibilities for food production that are less land- intensive than the ones that are now being used, chat there might be at least a temporary offset in technological progress. As to the assumption that capital does not depreciate, I think this is a difference in degree but not in kind. As Pro:. DORFMAN indi- cates you can indeed reinterpret A as the sum A=), +X, where )., refers to population growth and }, to capital depreciation MALINVAUD I should like to argue that Prof. Koopmans has been quite wise in these kinds of simplifications. We are certainly not living in a one commodity world in which capital would not depreciate. But some of the difficulties of intertemporal choices will appear with full clarity in very simple models. At the present stage of our research we are therefore justified to study carefully and exhaustively such simple models. In particular it seems to me that difficulties occurring in more complex models have not been fully understood in their natures, because several sources of complications mixed their effects, and the origin of each new result was not clear. From the point of view that interests Prof. Koopmans, I do not think we should reach dif- ferent qualitative conclusions if we introduce many commodities, if we assume that capital depreciates, or if we take into account the fact that land is not reproducible PASINETTI I have very much enjoyed Prof. KcopMaNs' skilful, elegant anc perspicuous analysis. Yet, I find it hard to accept his conclusions, which seem to me best summarized by the title of his section 4 | Koopmans - pag. 67