>As you surely know--being an economics professor--the formation of this
>question over how to calculate the increase of exchange value led Marx to
>reorganize the structure of *Capital*. Today there are a set of Marxists
>who have undertaken conceptual and empirical work--Fred Moseley, Anwar
>Shaikh and Ahmet Tonak, Paul Cockshott and Allin Cotrill, Alan Freeman,
>Guglielmo Carchedi and the contributors to Quantitative Marxism, ed. Dunn.
>I am only now beginning to understand the importance of their efforts.
>Cutting through the price data to value magnitudes is tedious, though not
And what does it all tell you, Rakesh? What do you gain from all that tedious work? Those are sincere, not rhetorical, questions.