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.
However, he thought they had a faulty understanding of economics. The 19th-century individualists had a 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.