[OPE-L:6250] Query

John R. Ernst (ernst@PIPELINE.COM)
Sun, 8 Mar 1998 00:30:53 -0500 (EST)

We often assume that Marx used straight-line depreciation
as he reckons how much fixed capital transfers to the value
of output.

a. How do we know this?

b. If capitalists, in Marx's view, are using a "sinking-fund"
method of depreciation, should we not use it in computing
values?

John