Happy Labor Day! The Labor Theory of Value Unpacked: Jeffrey Tucker and Gene Epstein

in libertarian •  6 years ago 

Two illustrious Free Market, Austrian Economists, Gene Epstein and Jeffrey Tucker, unpack Marx's labor theory of value to celebrate Labor Day Today!

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6 years ago by

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      ·  6 years ago 

    Oh hia

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        ·  6 years ago 

      My go-to example is how the labor theory of value fails is how a gallon of milk has no value to someone who's lactose intolerant, despite how much work the farmer did milking the cow. This one goes over well with moms, especially if they have kids with food allergies and intolerances. Anyway, this was a delightful chat!

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