Even with All the Wisdom of Solomon …

I was reading the book of 2 Chronicles recently, and stumbled upon a lesson from the life of Solomon that I don't think is often captured. Let me set the stage with a few important passages: 2 Chronicles 1:6-14 And Solomon went up thither to the brasen altar before the Lord, which was at the … Continue reading Even with All the Wisdom of Solomon … →

Labor doesn’t create value

Someone posted a link to an excellent economic article on the labor theory of value and how it continues to mislead people today. I found it interesting and well-written. It gave cogent explanations to things people have been saying that don't make sense. For example, under the labor theory of value, it is the labor … Continue reading Labor doesn’t create value →