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Rothbard continues the Crusoe analogy. He covers subjectivity of value, and the concept of marginal utility.
Part two of seven from Introduction to Economics: A Private Seminar with Murray N. Rothbard.
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Introduction to Economics: A Private Seminar with Murray N. Rothbard
Introduction to Economics: A Private Seminar with Murray N. Rothbard
Introduction to Economics: A Private Seminar with Murray N. Rothbard
Introduction to Economics: A Private Seminar with Murray N. Rothbard