On Aug 6, 2012, at 5:41 PM, Paul Cockshott <[email protected]> wrote:
> As it happens the Swedish input output tables give labour inputs in actual > hours for industrial sectors. Most countries give the labour input in terms > of wages paid. It is possible to invert the Swedish tables and directly > obtain the number of socially necessary hours of labour in the output of each > industry. Hours aren't hard to measure. It's the socially necessary and abstract parts that are impossible to measure. Money's the best approximation we've got. Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
