He’s talking about the law of costs. It’s hard to read his responses because he muddles so many concepts together in order to confuse you. Mentioning Sraffa, for example, doesn’t answer my questions. He knew that I didn’t read Production of Commodities by Means of Commodities; I mean, it’s not even on amazon.
Sraffa’s critique was not correct, but if we are to judge critiques of Austrian theory against each other then Sraffa’s certainly was one of the best (at least, it was the one which put Hayek himself most on guard). Sraffa’s book is available on amazon, it’s just ranges from $84 to $180, so I don’t know who would buy it.
I don’t know what this is ![]()
Sounds like a really redundant title anyway… "Guys i just figured out that you can produce STUFF with STUFF; something the capitalists clearly aren’t aware of!
Robert Murphy, Sraffa’s Production of Fallacies by Means of Fallacies
Your tiny mind simply cannot comprehend it.
Indeed.
I was expecting this thread to have some epic knock down argument consisting of mere sentences.
Have you got any to share? [:D]
You’re turning Marxist again? ![]()
No, I was telling Conza before that I’m trying to move past the study of Marxism [ I was once a marxist but that is all in the past, it is one of my favorite theories to research because socialism in general is so kooky and I like kooky people ] into the study of the history of intellectuals and planning societies but people keep on asking me about Marxism dragging me back into the subject.
Yeah, it’s a little deceptive. What I meant was that the debate was going nowhere (he wasn’t retreating) until I dropped that quote from Mises which perfectly summed up his responses. Priceless.
You double agent you! [:P]