The Labor-value Fallacy

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Publisher : Chicago : Jansen, McClurg
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis The Labor-value Fallacy by : Moses Lewis Scudder

Download or read book The Labor-value Fallacy written by Moses Lewis Scudder and published by Chicago : Jansen, McClurg. This book was released on 1884 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Labor-Value Fallacy

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Publisher :
ISBN 13 : 9783337575380
Total Pages : 100 pages
Book Rating : 4.5/5 (753 download)

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Book Synopsis The Labor-Value Fallacy by : Moses Lewis Scudder

Download or read book The Labor-Value Fallacy written by Moses Lewis Scudder and published by . This book was released on 2018-06-08 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Labor-Value Fallacy

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781534951778
Total Pages : 92 pages
Book Rating : 4.9/5 (517 download)

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Book Synopsis The Labor-Value Fallacy by : M. L. Scudder, Jr.

Download or read book The Labor-Value Fallacy written by M. L. Scudder, Jr. and published by Createspace Independent Publishing Platform. This book was released on 2016-06-27 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book on the 'The Labor-Value Fallacy" by M. L. Scudder, Jr., undertakes to show that wealth is not the product of labor alone. He says that socialism in all its forms rests on the theory that all wealth is created by labor, and that the title to all wealth ought to be vested in the laborers who have produced it. In combating this theory he writes an instructive and suggestive work, though we cannot think it is one that will settle any phase of the problem of labor and capital. Many of his arguments are sound, and yet he does not sufficiently recognize the facts which justify the socialists in their agitations. His defense of the men of great wealth overlooks those false conditions which are created by legislation and by false business methods, and which give a unjust advantage to certain men and classes of men. In the main his arguments are the right ones, but his zeal carries him beyond the limit of what is just and legitimate. -The Critic: An Illustrated Monthly Review of Literature, Art, and Life, Vol. 5

The Labor-Value Fallacy

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Publisher :
ISBN 13 : 9781330507926
Total Pages : 102 pages
Book Rating : 4.5/5 (79 download)

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Book Synopsis The Labor-Value Fallacy by : M. L. Scudder

Download or read book The Labor-Value Fallacy written by M. L. Scudder and published by . This book was released on 2015-06-30 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Labor-Value Fallacy: Published by the Patriots League, Chicago United States, but for the danger of beliefs in false political, social, and economic theories and doctrines, and the bad legislation and other vicious consequences certain to follow such beliefs, if they are allowed to become too general or too active. Notwithstanding the unprecedented advantages and opportunities open to all on equal terms, there has never before been a time when malicious agitators, demagogues, blatherskites and mountebanks, of every villainous creed and ism, were so numerous and so busy and so reckless as they are here and now. Almost every Labor Association, Labor Union, and Knights of Labor Assembly, is being turned, by these pestiferous humbugs, from its legitimate and original purpose into a primary school of socialism, where honest well-meaning and industrious working men are being persistently taught the most vicious social and political theories and fallacies, and are having their minds poisoned against their government, and filled with hatred of their employers, and of the whole body of their fellow-citizens who are engaged in other employments, or who chance to be in better circumstances, than themselves. All this, if not counteracted by the influence of truth and sound doctrine, must sooner or later, lead to disastrous results. Permanent classes hostile to each other, and permanent class-feuds will be established, that will always threaten, and often disturb, the peace of society; and that mutual good will and fraternity of spirit, that ought to characterize the citizens of a free government, will be quite destroyed. This raid of the skum of Europe is the more to be feared and resisted because, as a people, we are just as it were, closing one great epoch in our national development and history and simultaneously opening another. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Labor-Value Fallacy

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Author :
Publisher : Palala Press
ISBN 13 : 9781356530885
Total Pages : 94 pages
Book Rating : 4.5/5 (38 download)

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Book Synopsis The Labor-Value Fallacy by : M L Scudder

Download or read book The Labor-Value Fallacy written by M L Scudder and published by Palala Press. This book was released on 2016-05-16 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The Labor-Value Fallacy. Published by the Patriots' League, Chicago

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Author :
Publisher : Hardpress Publishing
ISBN 13 : 9781313576024
Total Pages : 144 pages
Book Rating : 4.5/5 (76 download)

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Book Synopsis The Labor-Value Fallacy. Published by the Patriots' League, Chicago by : Scudder M L 1843-1917

Download or read book The Labor-Value Fallacy. Published by the Patriots' League, Chicago written by Scudder M L 1843-1917 and published by Hardpress Publishing. This book was released on 2013-01-28 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

The Labor-Value Fallacy. Published by the Patriots' League, Chicago

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Author :
Publisher : Wentworth Press
ISBN 13 : 9780526967698
Total Pages : 126 pages
Book Rating : 4.9/5 (676 download)

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Book Synopsis The Labor-Value Fallacy. Published by the Patriots' League, Chicago by : Moses Lewis Scudder

Download or read book The Labor-Value Fallacy. Published by the Patriots' League, Chicago written by Moses Lewis Scudder and published by Wentworth Press. This book was released on 2019-03-05 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The Labor-Value Fallacy (Classic Reprint)

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Publisher : Forgotten Books
ISBN 13 : 9781333117641
Total Pages : 136 pages
Book Rating : 4.1/5 (176 download)

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Book Synopsis The Labor-Value Fallacy (Classic Reprint) by : M. L. Scudder Jr.

Download or read book The Labor-Value Fallacy (Classic Reprint) written by M. L. Scudder Jr. and published by Forgotten Books. This book was released on 2016-08-02 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Labor-Value Fallacy N 0 one can regard with absolute indifference the fierce discussions concerning social relations which are now. Agitating Europe and America. Every inhabitant of these continents has something at stake upon the outcome of these discussions; and it is very important that sincere men should be able. To take a clear and confident stand in these disputes. I have observed that a large proportion of men, who are beyond question intelligent and Sincere, are far from confident in reference to socialism. On the contrary, I have found many benevolent, well informed men in avowed sympathy with socialism. It is not uncommon to hear a good word for social ism spoken by careful and conservative citizens, and not infrequently I have heard socialist arguments put by, as impracticable, solely on the ground that mankind never can expect to reach perfection. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The Fallacy of Marx's Theory of Surplus-value

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Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Fallacy of Marx's Theory of Surplus-value by : Henry Seymour

Download or read book The Fallacy of Marx's Theory of Surplus-value written by Henry Seymour and published by . This book was released on 1897 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Labor-value Fallacy

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Publisher :
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis The Labor-value Fallacy by : Moses Lewis Scudder

Download or read book The Labor-value Fallacy written by Moses Lewis Scudder and published by . This book was released on 1887 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adam's Fallacy

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Publisher : Harvard University Press
ISBN 13 : 0674027078
Total Pages : 284 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Adam's Fallacy by : Duncan K. Foley

Download or read book Adam's Fallacy written by Duncan K. Foley and published by Harvard University Press. This book was released on 2009-06-30 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book could be called "The Intelligent Person's Guide to Economics." The title expresses Duncan Foley's belief that economics at its most abstract and interesting level is a speculative philosophical discourse, not a deductive or inductive science. Adam's fallacy is the attempt to separate the economic sphere of life, in which the pursuit of self-interest is led by the invisible hand of the market to a socially beneficial outcome, from the rest of social life, in which the pursuit of self-interest is morally problematic and has to be weighed against other ends.

History and Criticism of the Labor Theory of Value in English Political Economy

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Publisher : Columbia University Studies in the Social Sciences, 50
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis History and Criticism of the Labor Theory of Value in English Political Economy by : Albert Conser Whitaker

Download or read book History and Criticism of the Labor Theory of Value in English Political Economy written by Albert Conser Whitaker and published by Columbia University Studies in the Social Sciences, 50. This book was released on 1904 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: A history of the labor theory of value through an analysis of the works of several prominent figures in the field. Authors discussed include Adam Smith, Ricardo, Malthus, McCulloch, James Mill, Torrens, Senior, John Stuart Mill, and Cairns.

Economic Facts and Fallacies

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Publisher : Basic Books
ISBN 13 : 0465026303
Total Pages : 295 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Economic Facts and Fallacies by : Thomas Sowell

Download or read book Economic Facts and Fallacies written by Thomas Sowell and published by Basic Books. This book was released on 2011-03-22 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Economics in One Lesson

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Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

The Fallacy of the Fiscal Theory of the Price Level

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Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Fallacy of the Fiscal Theory of the Price Level by : Willem H. Buiter

Download or read book The Fallacy of the Fiscal Theory of the Price Level written by Willem H. Buiter and published by . This book was released on 1999 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is not common for an entire scholarly literature to be based on a fallacy, that is, 'on faulty reasoning; misleading or unsound argument'. The 'fiscal theory of the price level', recently re-developed by Woodford, Cochrane, Sims and others, is an example of a fatally flawed research programme. The source of the fallacy is an economic misspecification. The proponents of the fiscal theory of the price level do not accept the fundamental proposition that the government's intertemporal budget constraint is a constraint on the government's instruments that must be satisfied for all admissible values of the economy-wide endogenous variables. Instead they require it to be satisfied only in equilibrium. This economic misspecification has implications for the mathematical or logical properties of the equilibria supported by models purporting to demonstrate the properties of the fiscal approach. These include: overdetermined (internally inconsistent) equilibria; anomalies like the apparent ability to price things that do not exist; the need for arbitrary restrictions on the exogenous and predetermined variables in the government's budget constraint; and anomalous behaviour of the equilibrium' price sequences, including behaviour that will ultimately violate physical resource constraints. The issue is of more than academic interest. Policy conclusions could be drawn from the fiscal theory of the price level that would be harmful if they influenced the actual behaviour of the fiscal and monetary authorities. The fiscal theory of the price level implies that a government could exogenously fix its real spending, revenue and seigniorage plans, and that the general price level would adjust the real value of its contractual nominal debt obligations so as to ensure government solvency. When reality dawns, the result could be painful fiscal tightening, government default, or unplanned recourse to the inflation tax.

Karl Marx and the Close of His System

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Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164180
Total Pages : 258 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Karl Marx and the Close of His System by : Eugen von Böhm-Bawerk

Download or read book Karl Marx and the Close of His System written by Eugen von Böhm-Bawerk and published by Ludwig von Mises Institute. This book was released on 1949 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wages, Price and Profit

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Publisher : Good Press
ISBN 13 :
Total Pages : 61 pages
Book Rating : 4.4/5 (64 download)

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Book Synopsis Wages, Price and Profit by : Karl Marx

Download or read book Wages, Price and Profit written by Karl Marx and published by Good Press. This book was released on 2021-04-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Wage-Labour and Capital" was derived from Marx's lectures to the German Workmen's Club of Brussels in 1847, during a period of great political upheaval. The relationship between wage labor and capital is a central concept in Marx's political economy analysis. This book is essential for understanding the evolution of Marxist theory.