2 ms·
This text is based on a misreading of Karl Marx's position, but does effectively illustrate why attempts to coordinate economic life through labor time as a uni
by bwestergard 10mo ago
This text is based on a misreading of Karl Marx's position, but does effectively illustrate why attempts to coordinate economic life through labor time as a unit of account will not work.
https://cdn.mises.org/Karl%20Marx%20and%20the%20Close%20of%20His%20System.pdf https://cdn.mises.org/Karl%20Marx%20and%20the%20Close%20of%2...