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Jul
15

Vulgar Economics But In Half A Century

written by admin

Vulgar economics. But in half a century after Ricardo, John Stuart Mill, who also repeated that the first crude Ricardian theory of the vulgarization of old people quibble, solemnly declared that he was clever than the mercantilist, We do what to say?
Muller said:
"Profit is due to the labor productivity of the stuff than what they need to maintain more than
Labor."
This is only be repetitive; but Mueller would like to add some of my stuff.
"In other words, because the profits of capital to provide food, clothing, raw materials and labor information such as the existence of time than the time required to produce them long."
Here, Muller continued to labor time and labor products continue to confuse. According to this view,
The bread from his owners never hire workers to obtain the same machine where the profits of the same owners as the owners of the product can only be sustained bread a day, while the owners of the product machine was able to last for two years or longer time. Naturally, if the nest there is no more hours than

One Response to “Vulgar Economics But In Half A Century”

  1. Broderick Elizalde

    Excellent post I must say.. Simple but yet entertaining and engaging.. Keep up the good work!

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