The Classical Economists’ Theory of Value Was More Sophisticated than You Think
Bob quotes from David Ricardo to show that the classical economists understood that utility was essential to explaining market value, but then he also explains why the Marginalist Revolution was a scientific advancement.
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Yes, We Should Defend the...
Many proponents of free markets have tried to cast aside the name “capitalism” as a descriptor
The Denarius and the Doll...
The more things change, the more they remain the same. In our present age of inflation,
An Economy So Strong It R...
The Fed’s specialty is propaganda through data, with a long record of failure. This is by