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Subject:
HES: Fw: DISC -- What is something worth?
From:
[log in to unmask] (Warren J Samuels)
Date:
Fri Mar 31 17:18:31 2006
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----------------- HES POSTING ----------------- 
It depends on the use in mind and thereby the market involved:  equity 
financing, mortgage base, insurance (reproduction cost or original cost), 
taxation, selling side, buying side, wholesale market, retail market, 
capitalization of expected future income (amounts, regularity, 
discount/interest rate), etc. contrary to usual formulation, usually no one 
common price. 
 
Look at my  "On the Labor Theory of Value as a Theory of Value," REVIEW OF 
POLITICAL ECONOMY, vol. 10 (April 1998), pp. 227-232. 
 
Regards, 
 
Warren J. Samuels 
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