Connect with us

Hi, what are you looking for?

CrazyFlux.comCrazyFlux.com

World News

Why Marx Was Wrong about Workers and Wages

Marx built his infamous Labor Theory of Value on the premise that labor itself was a commodity. However, as Mises and other Austrians have noted, Marx failed both at understanding the complexity of labor and subjective value theories.

You May Also Like

Editor's Pick

Vanessa Brown Calder On the campaign trail last week, former President Trump promised that under a future Trump administration, “government will pay” or “your...

Editor's Pick

Clark Packard The US-China relationship is the most important and complex bilateral relationship in the world today. How these two superpowers interact is a...

Editor's Pick

Walter Olson The Electoral College is out of favor these days not only among scholars and commentators but also with the general public. Why...

Editor's Pick

In this video from StockCharts TV, Julius takes a look at rotations in an asset allocation RRG. He compares fixed-income-related asset classes, commodities, the...