[OPE-L:3051] Empirical Work-- A Stupid Question?

John Ernst (ernst@nyc.pipeline.com)
Wed, 18 Sep 1996 14:01:36 -0700 (PDT)

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In another thread (Straight and Moral) questions
arose concerning the manner in which fixed capital
depreciates. Implicit in that discussion is the
difficulty of separating depreciation from profit.
Further problems arise in estimating the economic
life of fixed capital. Given this, how can or is
fixed capital be measured in empirical work
concerning Marx?