The idea of consumers desire of a product, what we call demand, came into consciousness. Sowell seemed to dismiss Marx and his exploitation concept of capitalism as antiquated.
Associated with production were what drove prices. Hence the famous exploitation concept from Marx. It was later with the marginalist revolution and the neo classical school of economics
Listening to Tom Sowell today.was Marxist,worked at US dept of labor, quit and became free market advocate. Noted that when Marx wrote Das Kapital the understanding of prices was that costs
"People are dying in those meat packing plants because the state isn't allowing the owners of those plants enough freedom. If only the state would leave them alone, the workplace would improve"
Here's a converse comparison:The FDA is blocking that [fill in the blank] drug from coming into the United States. Thousands of lives are being lost and the people are doing nothing!
"People are dying in those meat packing plants because the state isn't allowing the owners of those plants enough freedom. If only the state would leave them alone, the workplace would improve"
This is where I wonder whether a private group gets together, say spouses of those killed, and starts monitoring. But I suppose they wouldn't be allowed access. But they bring guns....
Many people mocked Roger Ver for his "Babies are Dying" comment he made in a now famous debate with Samson Mow: Here is his response:
I suppose it is possible that people misconstrue what the words economic freedom or even free markets mean: Freedom to choose. Minimal rules to make a living. Free association.
This link talks about the opcode being re-enabled in 2013:
https://bch.gg/opreturn
This link is a cool article about some ways of storing data in the blockchain:
https://bch.gg/7m
Ty for the links. A good quote from the first article: Some (including Wuille) worry that people will use this new transaction type for storing messages or memos.
When one person values what another has more than what they have and that other person feels the same about what they have the two people trade. That is an exchange.