On Sun, May 12, 2002 at 12:45:44PM -0700, Brad DeLong wrote:
> >>It's probably a good idea not to fetishize "value" as if it were
> >>some substance that ethical action intends to maximize.
> >
> >No one thinks value is a substance.
>
> Save Karl Marx, of course, who thought value was created by
> "productive labor", and could not be created or destroyed--but only
> transformed and transferred--thereafter...
>
>
>
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu