Labour theory isn't wrong for the reason he states. Causing people to work harder isn't actually a problem with the theory. It's wrong for other reasons. The m

Labour theory isn't wrong for the reason he states. Causing people to work harder isn't actually a problem with the theory. It's wrong for other reasons. The moneyball theory of value is not terrible, is actually pretty sound. But this kind of analysis works well in a context like sports because there's only so many players in a team and the team is basically just struggling in a win or lose world against other similar teams. Your wins come from someone else's losses. The sports metaphor is also applicable because sports are reproducible. It's the same little world over and over again, with the same people. And there's just an enormous amount of stats to back up or reject some hypothesis. Goalkeeper is good or bad? Let's check how many shots he faced and what quality they were. In the general market this is not the case. The firm only launches its first product once, in a world where you don't get to repeat the conditions. We also do have a history of each contributor's actions. Basically it's very hard to make comparisons.