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Bob Murphy Show
UtbildningReligion och spiritualitet

Ep. 512 The Rise and Fall of the Labor Theory of Value

36 min•15 juni 2026

Relying on his Journal of Libertarian Studies review essay of Kevin Carson' book on mutualism, Bob first explains--and then critiques--the labor (and cost) theory of economic value. This was not exclusively a Marxist idea; it was held by Adam Smith and other classical economists.

Mentioned in the Episode and Other Links of Interest:


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