On Wed, 20 May 1998, Gerald Levy (Rieu, JL) wrote:
>
> Recently, I am preparing the paper treating the relation between Keynesian wage unit
> and the so-called 'New solution'.
> Keynes defines the wage-unit as the wage-bill(E) over the quantity of employment(N),
> i.e. E/N. I think that this is not so different from the definition of value of labor power
> by 'New Solution'. Although in a vague form, I have some opinoions about this problem.
> But, first of all, I want to know how the 'New Solution'ers themselves think of this issue.
> Can anyone in this list answer for me?
In my opinion the wage units is a idea closer to "commanded labor" of
Smith and it is not quite related to the "New Solution".
in solidarity
Alejandro Valle Baeza
Div. Posgrado, Fac. Economia UNAM
México 04510 D.F.
(525)6222148, fax (525)6222158