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Nope, as a kinda libertarian myself, I don't think this a libertarian forum at all, judging by all the hate for things like sharing economy and such. I think a
by xixi77 10y ago
Nope, as a kinda libertarian myself, I don't think this a libertarian forum at all, judging by all the hate for things like sharing economy and such. I think a lot of people (on all sides really) just react to keywords instead of thinking about the content :(
And yes labor input determines cost, and in equilibrium cost and value are the same, and would be correlated in the data -- but reasoning from cost imo amounts to putting the carriage before the horse, and leads to all kinds of shenanigans with the "socially necessary" component...