An effective measure of the value of a potential purchase is to convert its price from currency to hours of work required to afford it.
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Replying to @G_S_Bhogal
Isn’t that the basis for a socialist economics: labor theory of value?
1 reply 0 retweets 1 like
Replying to @ShineboxHukster
It's also a basis for the liberal capitalist theories of Adam Smith and others.
7:11 AM - 29 Sep 2018
1 reply
0 retweets
1 like
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