EH.Net Mailing List Archive: HES

HES: Re: QUERY--Econ fallacies question

Nicholas J. Theocarakis (ntheocar at econ.uoa.gr)

Fri Jul 21 05:51:49 EDT 2006

Manoel Galdino Pereira Neto writes:  
"Marx in Das Kapital did not considered value as an  
objective, intrisinc quality inherent in things."  
  
I think that nobody did. It is not in the genes of the beaver that it need  
twice as much time to be caught than a deer.  
  
This was a fiction by Mises and I think that it demonstrates very well the  
uses in which the term "fallacy" has been put into.  
  
Nicholas J. Theocarakis