Values Do Follow a Simple Rule!

Contrary to what is often suggested, values do follow a very simple rule as the rate of profit r varies, provided only that the system is square. None of single production, semi-positive vertically integrated input coefficients, or regularity à la Schefold needs to be assumed. Furthermore, that very simple rule is followed for all finite values of r and can be expressed solely in terms of the powers of r. Moreover, when the requisite numéraire is employed, the wage

profit frontier takes a simple form; conversely, when the frontier takes that form, one knows that the requisite numéraire is being used, even without knowing what it is.