tag:blogger.com,1999:blog-5484799.post2759627483593470079..comments2023-10-16T06:34:49.367-05:00Comments on Old Whig's Brain Dump: Cantillon's EssayAlhttp://www.blogger.com/profile/12200768634540999752noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5484799.post-63292929321223111982011-09-23T16:03:44.212-05:002011-09-23T16:03:44.212-05:00It is so easy to generalise - even with something ...It is so easy to generalise - even with something as brief and concise as Cantillon's summary economique.<br /><br />As I read him, Cantillon proposes as "value" a mix of capital, of which the only real existing kind was land, and labour.<br /><br />The measure of the value of labour he splits between the quantity of land required to maintain a labourer and the price a landowner isThe probligohttps://www.blogger.com/profile/17882103150181414348noreply@blogger.comtag:blogger.com,1999:blog-5484799.post-37233773717178437002011-09-23T12:25:32.341-05:002011-09-23T12:25:32.341-05:00There have been advances since Cantillon's day...There have been advances since Cantillon's day. At least he wasn't responsible for the Labor Theory of Value. That was Smith's f***-up.<br /><br />Here's something more modern: http://mutualist.blogspot.com/2011/09/why-hierarchy-creates-clusterfucks.htmlAlhttps://www.blogger.com/profile/12200768634540999752noreply@blogger.comtag:blogger.com,1999:blog-5484799.post-60787765375134311542011-09-22T19:14:26.048-05:002011-09-22T19:14:26.048-05:00With a very quick scan of the rest (look on the ne...With a very quick scan of the rest (look on the net there are about three translations available) I would describe his economic as "feudal".<br /><br />I don't think it is what you might want today.The probligohttps://www.blogger.com/profile/17882103150181414348noreply@blogger.com