From: Rakesh Bhandari (rakeshb@STANFORD.EDU)
Date: Tue Jun 01 2004 - 06:44:16 EDT
At 3:12 AM -0700 6/1/04, ajit sinha wrote: >Rakesh, I have no idea what is this about. Can we >stick to the issues we are debating? Cheers, ajit >sinha Out of his debate with Malthus Ricardo was led to search for an invariable measure of value, no? Sraffa claimed to have devised just that in the standard commodity, no? So why did Malthus prompt Ricardo to search for an invariable measure of value? Why--or on what exact assumptions--can (as you put it in the Westra and Zuege volume) "the effect on the money commodity of a change in wages imply that even if the net output has been kept constant in physical terms a change in its distribution between wages and profits could very well change its size when measured in... money terms"? Rakesh
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