RFH Ep 115 Stranger than Truth—Spurious Correlations Between “Values” and “Prices”

The co-hosts expose a real-world case of spurious correlation—the correlation between industry-level “values” and “prices,” drawing on chapter 11 of Andrew’s book, Reclaiming Marx’s “Capital,” and “Christianity versus Alternative Faith Bases,” his parody of the value-price correlation “studies.” They discuss why the value-price correlations are spurious, who started value-price correlation mania and why, what it has to do with Karl Marx’s actual value theory, how Andrew became involved, and more. He refutes objections to his findings made by Paul Cockshott & Allin Cottrell and by Emilio Díaz & Rubén Osuna. Plus current-events segment: Razing Arizona—and the US? Near-total ban on abortion resurrected by Arizona’s Supreme Court. Anne Jaclard joins the co-hosts to discuss the implications. Radio Free Humanity is co-hosted by Gabriel Donnelly and Andrew Kliman, and sponsored by Marxist-Humanist Initiative (https://www.marxisthumanistinitiative.org/ ).