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RESEARCH PRODUCT

Interrogation sur la nature et la formation des grandeurs économiques : la question de la valeur et de la mesure en économie

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To investigate on the question of the formation of the economic magnitudes, and on the question of value seems to be pointless, since those notions appear to be understood and to fall under the scope of our daily experiment. We show in the present work that several fundamental concepts and central notions do not receive a proper definition within our discipline. As a consequence, it is all the economic discourse that is weakened, at such a point that it talks about things that, actually, do not exist, but in the economist’s mind, and do not consider its true matter. In our wage economy, value is sometimes created sometimes destructed respectively in the formation and the destruction of income. The latter is an objective magnitude in the sense that it confers to its owner the tangible ability to buy goods and services. We thus make sure that income unifies the two opposite operations that are production and consumption, and that it is the true object of the economic science. We also insure that income is a monetary by naturee, and cannot be expressed in “real” terms; value is not hidden behind things. In a second time, we see that income is measured, and that its objectivity comes from the fact that it is measured. In economics, measure is specific since the unit of measurement is monetary and by no mean physical. The operation of measurement happens in the payment of wages to the benefit of the employees. By showing that product is “born” in the same operation by which it is measured, we are leading to a strong conclusion: all income is derived from wages.