Funnily enough, the site tagline just told me to go read Synopsis of Capital.
Funnily enough, the site tagline just told me to go read Synopsis of Capital.
It’s one way of framing reality that has a lot of utility and explanatory power (how economies function on a large scale, how economics interacts with power between classes, for example). Subjective theory of value has some utility and explanatory power as well (why a specific item sells for a specific price at a specific point in time, for example). If someone is outright rejecting LTV, rather than accepting its limits or adapting it, they’re probably doing so out of ideology more than anything (and/or they misunderstand it).
“who do you think donated the heart” in garfield + comic + breast reduction/donation + old timey form instead of youtube comment form
at least four steps removed from the original yet still recognizable
also arguably contains all the ingredients of loss
this is high art
“50% of people who use landlines and trust robocallers and answer the phone at 12:00 to 4:00 PM and fill out surveys approve of Biden, MoE 5%”