From: Paul Cockshott (wpc@DCS.GLA.AC.UK)
Date: Mon Jun 09 2003 - 04:50:48 EDT
Paul Bullock wrote: > Your idea that there is a 'distance' between values and prices cannot apply to any factually observable realm... since values are only expressed > in market prices, which themselves can be explained as being 'regulated' by prices of production. This is simply wrong. With the advent of I/O tables one can work back to get estimates of values and compare these with prices. There is a lot of econometric literature doing this. > -- Paul Cockshott Dept Computing Science University of Glasgow 0141 330 3125
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