Michael
-------
Now we are trying to nail the system down to the 8th decimal point. Do
we
value constant capital at the beginning of the production period, at the
end?
Or why not at the moment the capitalist decides what the price will be?
I find these questions interesting, but then I ask myself what difference
the
answer would make. Would it have any political consequences? Or are we
just
trying to set out a world that we can model as an end in itself?
Paul
----
I have to concur with what Mike says here. We are going far beyond
our ability to perform empirical tests on our theories, which gives
an unwanted license for speculation.