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the oil industry is in that same paper. it's the outlier in that its output is a bit higher than predicted, because of economic rent
by deadfoxygrandpa 3y ago
the oil industry is in that same paper. it's the outlier in that its output is a bit higher than predicted, because of economic rent
- nvm0n2 3y agoMy point is that the price of oil has nothing to do with the price of labor and frequently fluctuates in massive ways unconnected to the labor market.
- greenie_beans 3y agoprice has nothing to do with the labor theory of value
- nvm0n2 3y agoThe post I was replying to talks about price.