However, he thought they had a faulty understanding of economics: they accepted the labor theory of value as influenced by the classical economists, but Rothbard was a student of neoclassical economics which does not agree with the labor theory of value.
He thought. This was however. They had a faulty understanding of economics. They accepted the labor theory of value as influenced by the classical economists. Rothbard was a student of neoclassical economics. This student of neoclassical economics does not agree with the labor theory of value.