<oembed><type>rich</type><version>1.0</version><title>hh wrote</title><author_name>hh (npub1s2…8dsym)</author_name><author_url>https://yabu.me/npub1s277u5rww60te98w9umz6p7pjcxuus96cegdsf4y978qcqvu8jtq88dsym</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>A significant error that I constantly run across among liberty-oriented fellows: the labor theory of value is not a &#34;Marx thing&#34;, it&#39;s a &#34;classical thing&#34; -- Adam Smith himself subscribed to a form of it, as did Ricardo (which is a more explicit precedent for socialist theories).&#xA;&#xA;The fork in the road that led to a more truthful theory of value was the Marginal Revolution that lies at the core of neoclassical theories.</html></oembed>