Re: (OPE-L) "On Value and Price" by H. Gurak (abstract)

From: Michael Perelman (michael@ECST.CSUCHICO.EDU)
Date: Wed Apr 14 2004 - 01:49:04 EDT

address does not seem to work.

On Tue, Apr 13, 2004 at 05:57:46PM -0400, Gerald A. Levy wrote:
> ArticleBrought to my attention by listmember Bill Cochrane.
> In solidarity, Jerry
> ----- Original Message -----
> On Value and Price
> H. Gurak (Sakarya University)
> Abstract: Modern economic science has become a grand parable, the study of a virtual economic world where the interactive robots engage in mechanical relationships. Although the natural sciences that initially inspired many economists has undergone drastic changes since Newton's era, 'modern' economic science has grown up to become a castle of rigid conservatism. Theory of price, the backbone of all theories, is a typical example. This study is an alternative value-price theory, a labor embodied approach. The key concept of analysis is mental labor, the source of all value-added and accumulated, given natural resources and physical labor.
> JEL Codes: A
>  Keywords: Value-Price-Exchange-Laor-Labor power-Technology
> Downloads:

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at

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