Comment on How IKEA is structured to minimize tax and maximize controlparentComments−dantheman15ySmith was wrong about quite a lot, including stuff that was known at that time. For instance, Smith believed in a labor theory of value - this to a great extent influenced Marx, IIRC. They were both wrong, Marx disastrously so.
Comments
Smith was wrong about quite a lot, including stuff that was known at that time. For instance, Smith believed in a labor theory of value - this to a great extent influenced Marx, IIRC. They were both wrong, Marx disastrously so.