Re: (OPE-L) Ajit's paper

From: ajit sinha (sinha_a99@YAHOO.COM)
Date: Tue Jun 01 2004 - 08:56:18 EDT

--- Rakesh Bhandari <rakeshb@STANFORD.EDU> wrote:
> At 3:12 AM -0700 6/1/04, ajit sinha wrote:
> >Rakesh, I have no idea what is this about. Can we
> >stick to the issues we are debating? Cheers, ajit
> >sinha
> Out of his debate with Malthus Ricardo was led to
> search for an
> invariable measure of value, no? Sraffa claimed to
> have devised just
> that in the standard commodity, no? So why did
> Malthus prompt Ricardo
> to search for an invariable measure of value?
> Why--or on what exact
> assumptions--can (as you put it in the Westra and
> Zuege volume) "the
> effect on the money commodity of a change in wages
> imply that even if
> the net output has been kept constant in physical
> terms a change in
> its distribution between wages and profits could
> very well change its
> size when measured in... money terms"?
> Rakesh
As I said, "money commodity". But this is not the
issue we are discussing here. Let's keep to the issue.
Cheers, ajit sinha

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