Description
The Labour Theory of Value is a theory that states that the value of a good or service is based on the amount of labour that has gone into producing it. This theory is believed to have originated from the natural law philosopher of the sixteenth and seventeenth century, and was later adopted by the classical school of economics.
This book explores the origins and development of the labour theory of value, examining its emergence from the natural law philosopher of the sixteenth and seventeenth century to its domination of the classical school of economics.
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