Quote of the day
The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
Michael Perelman

Born: October 1, 1939
Died: September 21, 2020 (aged 80)
Bio: Michael Perelman was an American economist and economic historian, and also a professor of economics at California State University, Chico.
Known for:
- The invention of capitalism (2000)
- Railroading economics (2006)
- The Confiscation of American Prosperity (2007)
- Manufacturing discontent (2005)






