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If labour values in principle require knowledge of price magnitudes for their calculation then labour values cannot explain prices. It is like saying that a thermometer measures temperature but temperature depends on the current reading of the thermometer.
But Ian is measurement always the passive ascertainment of a pre-existing property?
Yours, Rakesh
- Re: [OPE-L] questions on the interpretation of labour values, (continued)
- Re: [OPE-L] questions on the interpretation of labour values, Ian Wright Fri 23 Feb 2007, 18:16 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Ian Wright Fri 23 Feb 2007, 18:24 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Diego Guerrero Sun 25 Feb 2007, 16:43 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Ian Wright Tue 27 Feb 2007, 18:48 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Rakesh Bhandari Tue 27 Feb 2007, 19:34 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Jerry Levy Tue 27 Feb 2007, 20:07 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Ian Wright Wed 28 Feb 2007, 17:39 GMT
- Re: [OPE-L] questions on the interpretation of labour values, ajit sinha Tue 27 Feb 2007, 21:01 GMT
- Re: [OPE-L] questions on the interpretation of labour values, Diego Guerrero Tue 27 Feb 2007, 21:22 GMT