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22 sats \ 2 replies \ @Undisciplined OP 12 Aug \ parent \ on: Tax the Rich? Not a Good Idea econ
Adam Smith didn't understand marginal utility.
Tell me you have not read 'The Theory of Moral Sentiments' without saying so...
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The marginal revolution occurred after Smith's works, so tell me you know nothing about the history of economic thought without saying so.
Also, I love The Theory of Moral Sentiments, but that doesn't mean every statement in it is correct.
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