Wien, 1982 07 26 Prof.Dr.Steindl 01. Nowy Swiat 00330 Warszawa Polen Dr. Jerzy OSIATYflSKI Polska Akademia Nauk Dear Doctor Osiatynski, Thank you for your card. I feel very bad about not writing to you all this time. It is true that I am always under pressure of the need to write papers. I have been thinking of your comments on my growth paper of last year. You are quite right it is better to introduce a separate equation. In fact I do it for a special kind of investment which is innovative and stimulates new investment with a long lag. I am surprised that your work on the Kalecki edition is proceeding so quickly! You must have been working very hard. I shall send you some offprint separately. With my best wishes, yours,