that sounds like the Labor Theory of Value espoused by Ricardo and later Marx. Although it may sound intuitive to some, it's just plain wrong: http://en.wikiped

that sounds like the Labor Theory of Value espoused by Ricardo and later Marx. Although it may sound intuitive to some, it's just plain wrong: http://en.wikipedia.org/wiki/Criticisms_of_the_labour_theory_of_value http://en.wikipedia.org/wiki/Criticisms_of_the_labour_theory... The price of a product is not determined by the effort put into it but by the value it provides to the buyer.