I agree with Paul here, except that I would omit the words "continuous rates of". My question is what is the use of calculating precise labor values in that case? clyder wrote: > Once you deal with continuous rates of change of labour productivity > then you are stepping outside the theoretical space on which the original > theory of value was based. Samuelson attempted do deal with this > problem of continuous change in labour productivity and its implication > for labour values in his paper 'A new labour theory of value for rational > planning through the use of the bourgeois profit rate' -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael@ecst.csuchico.edu
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