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.
https://fountain.fm/episode/zDV748rbTHpW20gigJrV
I’ve learned a ton from the HAP over the years. Wait till Bob learns about value for value…
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