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What is “value”? I take the question back to the basics of how is it that we can produce a net output? The answer has to be consistent with the Laws of Thermodynamics, and on that basis, every school of thought from the Neoclassicals to the Marxists, is wrong. I introduce a new production function ...
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What is “value”? I take the question back to the basics of how is it that we can produce a net output? The answer has to be consistent with the Laws of Thermodynamics, and on that basis, every school of thought from the Neoclassicals to the Marxists, is wrong. I introduce a new production function ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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