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Some reflections on the dependence of prices on Labour-Values

Author

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  • Diego Guerrero

Abstract

Con frecuencia se cree, de una manera bastante esquizofrénica, que una teoría del valor solo debe resolver la cuestión de los precios relativos" (un problema microeconómico), siendo principalmente la teoría del dinero de la pieza necesaria para la determinación monetaria o del nivel absoluto de los precios (un problema macroeconómico).Por una parte, la determinación del nivel de precios se encuentra teóricamente antes de cualquier consideración del mercado de dinero, mientras que por otro lado ninguna teoría del valor puede aspirar a ser completa sin la determinacióndel nivel absoluto de los valores. Se verá en este trabajo que sólo la teoría del valor trabajo (TVL) puede realizar ambas tareas, produciendo así la integridad y la unidad de la teoría económica."

Suggested Citation

  • Diego Guerrero, 2010. "Some reflections on the dependence of prices on Labour-Values," Ensayos de Economía 8788, Universidad Nacional de Colombia Sede Medellín.
    • Handle: RePEc:col:000418:008788
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    File URL: http://humanas.medellin.unal.edu.co/sites/default/files/ede/pdf/ede_37/ede_37_01_guerrero_diego.pdf
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    References listed on IDEAS

    as
    1. Dirk Willenbockel, 2005. "The Price Normalisation Problem in General Equilibriun Models with Oligopoly Power: An Attempt at Perspective," GE, Growth, Math methods 0505002, University Library of Munich, Germany.
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    More about this item

    Keywords

    labor theory of value; relative prices; absolute values;
    All these keywords.

    JEL classification:

    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist

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