>> How about this measure of productivity? >> Value of output/labor hours. > It depends on wages. See Ricardo (1821), Chapter 1, Section IV. No it doesn't. See _Economic Report of the President_ (1996), data tables. Ricardo? You're trotting out the labor theory of value? |
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| Fumble Index | Original post & context: 4lk6sv$a92@news.acns.nwu.edu |