[A.J.Armitage]

He confused the subjective theory of value with relativism to his own advantage. The two are not the same. His refutation of the subjective theory of value doesn't cut it, either. Of course valuations of goods aren't made by some disembodied, radically individual intellect. The will is determind by wants, and wants are heavily influenced by things external to the person himself; this in no way undermines the subjective theory of value, and I can prove it. He left out a major determining factor in how people assign value to a good: number. The more there are, the less highly it's valued. It's called marginal utility, and it was proposed along with the subjective theory of value (and is dependent on it) by Karl Menger.

[Pistias]

He confused the subjective theory of value with relativism to his own advantage. The two are not the same

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