...undeveloped land in Newport Beach vs. Hemet, CA?...a rookie card of Mickey Mantle?
...a Cadillac vs. a Buick?
...a brain surgeon with 20 years experience?
...a menu from the last night of dinner aboard the Titanic?
...high fashion?
...dinner at Spago's vs. McDonald's?
I'd love to see what happens when our intrepid engineers start mucking about with these values in the context of their theories. See, one must eliminate discretionary income and wipe out conspicuous consumption for this labor theory to have any validity.
Stuart Gort