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RE: Re: Estimating Surplus



Doug wrote,
> Conceptually and practically, it's difficult to separate the labor
> income from capital income components of proprietors' income.

Following the recommendation of Mayo Toruno, I'm multiplying proprietors'
income by the ratio of (corp profits / (corp profits + employee comp)). This
ratio is about 11%.

Although Doug is right that conceptual issues are many and complex, I bet
that the "correct" answer would be close to that Mayo suggested.

Eric
.




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