http://www.simons-rock.edu/%7Eeatonak/mwon.pdf
Chris Burford wrote:
Can I point out that the marxian law of value, probably cannot be
falsified, but may be "true".
The only empirical study I know about it is by Paul Cockshott and Allin
Cottrell showing that it could fit with macroeconomic data, I think for
Scotland if I recall correctly.
Chris Burford
E. Ahmet Tonak
Professor of Economics
Simon's Rock College of Bard
84 Alford Road
Great Barrington, MA 01230
Tel: 413 528 7488
Fax: 413 528 7365
www.simons-rock.edu/~eatonak