Quickie: Cost Theory of Value

First published at 15:05 UTC on October 3rd, 2018.

shanedk

shanedk

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Another major economics fallacy, right up there with sunk costs and zero sum, is Cost Theory of Value, and the even more idiotic Labor Theory of Value.

Carl Menger: Principles of Economics https://mises.org/library/principles-economics

Alfred Ma...

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 16 and over