<XML><RECORDS><RECORD><REFERENCE_TYPE>10</REFERENCE_TYPE><REFNUM>6542</REFNUM><AUTHORS><AUTHOR>Cockshott,P.</AUTHOR><AUTHOR>Cottrell,A.</AUTHOR></AUTHORS><YEAR>1994</YEAR><TITLE>Value's law value's metric</TITLE><PLACE_PUBLISHED> technical report, dept of computer science, University of Strathclyde </PLACE_PUBLISHED><PUBLISHER>Academic Press</PUBLISHER><ISBN>rr/94/168</ISBN><LABEL>Cockshott:1994:6542</LABEL><KEYWORDS><KEYWORD>mirowski value metric-space</KEYWORD></KEYWORDS<ABSTRACT> It is argued that the metric space of exchanging commodities is non-euclidean and characteristic of a system governed by a conservation law. The possible candidates for what is conserved in commodity exchange are reviewed with reference to inverted input/output matrices of the British economy. Strong evidence is presented that the conserved substance is labour. The arguments of Mirowski and others regarding the appropriateness of such `physicalist' arguments are discussed.</ABSTRACT></RECORD></RECORDS></XML>