Central to the economics of Smith, Ricardo and Marx is the labor theory of value. Did they

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Central to the economics of Smith, Ricardo and Marx is the labor theory of value. Did they all agree or did later writers criticize earlier writers? Also what, if any, are the implications of the theory of value of each for their larger economic theory? How are their larger theories related to their respective theories of value?

Posted Date: May 02, 2024 03:06 AM

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Central to the economics of Smith, Ricardo and Marx is the labor theory of value. Did they

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The labor theory of value LTV played a role in the economic thinking of SmithRicardoand Marxbut with ... View the full answer

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