mud pie argument

名词 n.

英文释义

名词 n.
  1. The argument against the labor theory of value pointing out that mud pies that take an immense amount of labor still have little to no value.
    — Actually, it was Böhm-Bawerk, one of the prominent leaders of the Austrian school [12], who used the ‘mud pie argument‘ to attack the classical economists in general and Karl Marx in particular for using the labour theory of value. The fact that a product ‘costs‘ a certain amount of labour does not mean that it has some value.

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