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The Classical Economists’ Theory of Value Was More Sophisticated than You Think
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Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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. Bob’s Journal of Libertarian Studies Article on The Labor Theory of Value: https://Mises.org/HAP462a Human Action Podcast Episode 460, “What Does Say’s Law Really Say?”: https://Mises.org/HAP462b David Ricardo, On the Principles of Political Economy and Taxation: https://Mises.org/HAP462c
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5506 episodes
MP3•Episode home
Manage episode 435782080 series 3331717
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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. Bob’s Journal of Libertarian Studies Article on The Labor Theory of Value: https://Mises.org/HAP462a Human Action Podcast Episode 460, “What Does Say’s Law Really Say?”: https://Mises.org/HAP462b David Ricardo, On the Principles of Political Economy and Taxation: https://Mises.org/HAP462c
…
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