[OPE-L:1089] Re: does price affect value

Allin Cottrell (cottrell@wfu.edu)
Fri, 16 Feb 1996 12:41:11 -0800

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> Andrew here, with a reply to Allin's matrix example.

Assuming my numbers were right (I think they were), what I was interested
in is what Andrew accepts, namely:

> The example
> does seem to indicate that the sum of values = sum of prices in the
> TSS interpretation will generally not equal the sum of values of the
> standard interpretation, even when a price vector is found that equates
> the sum of the standard interpretation's values and prices.

Andrew is not bothered by this. But since (like Gil) I regard the
"standard values" as giving us the actual embodied labour-times (with no
ambiguity at all in my little static example), I think he ought to be
bothered. He has succeeded in preserving equality between two
magnitudes, but neither of these corresponds to total SNLT.