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189. Is Property Theft? | Dr. Robert Murphy
The Jordan B. Peterson Podcast
The Labor Theory of Value Is a Marxist Invention
The old conception was If if a stagecoach trades for so many chickens in the marketplace, there must be some quantity that's equal in both of them. The marginal subjectivist revolution of 1871 realized that no when When a stageco coach trades for a gold coin No, but there's that it's not saying a stagecoaches equals a gold coin It's saying the person who gave up the stagecoach Value the gold coin more than the stagecoch. That's why that person agreed to the trade and the for the buyer It was the other way around they valued the stagecoache more than the gold coin and that's why they did it So there's no equality going
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