These two statements are not mutually contradictory.
Brad DeLong wrote:
> >
> >Under simple commodity production (where there is neither wage-labor
> >nor surplus-value), the deviations between prices and values are
> >_accidental_ (a disequilibrium phenomenon).
>
> They are not a disequilibrium phenomenon. Scarce resource-based
> products *continue* to have prices in excess of their labor values
> *forever*...
>
> Brad DeLong
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
