comments:
Accomplished-Cake131 posted on r/capitalismvsocialism2w
The physiocrats made a genuine analytical breakthrough by locating the source of surplus value in the sphere of production. I agree. The physiocrats are an important step in the surplus approach to the theory of value and distribution. Some explain Quesnay's zigzags with Leontief input-output matrices. Marguerite Kuczynski, in an interesting detective story, discovered the third edition in the Du Pont library in Delaware.