Re: [OPE-L] questions on the interpretation of labour values

From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Fri Feb 23 2007 - 06:57:31 EST

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--- Diego Guerrero <diego.guerrero@CPS.UCM.ES> wrote:

> The formula is the same in both cases: wH = l +
> mH·A. That is values are the sum of direct labour
> (l) plus the value of the inputs (measured by the
> labour-equivalent of market prices).
_____________________________
What is the "labour-equivalent of market prices"? And
what do these "values" do in your theory? In other
words, what questions they help you answer? Cheers,
ajit sinha




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