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At 09:26 01/06/00 -0500, Patrick L. Mason wrote:
>I agree. Abstract labor is unobservable and probably unmeasurable, just as
>utility is unobservable and unmeasurable. Nevertheless, abstract labor and
>labor values do provide empirical implications.
>
>peace, patrick l mason
>
>
Note that in capital marx uses the terms abstract labour and average labour
more or less interchangeably. Whilst an average is not directly observable
it is not unmeasurable. The whole of Taylors school of scientific management
was based on determining this.
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