On Mon, 4 Mar 1996, John R. Ernst wrote:
> [T]o derive prices of production from values
> one assumes a uniform rate of profit in all sectors even though
> all sectors are not earning that same rate of profit.
Aren't prices of production a hypothetical set of prices: those
prices that _would_ be consistent with a fully equalized rate
of profit? Monopoly and rent elements would then be counted as
pushing actual market prices away from prices of production.
Allin Cottrell