Subjectivism

Displaying 51 - 60 of 155

Economics from the Ground Up

History of the Austrian School of EconomicsSubjectivism

01/31/2012Mises Daily Articles
One of the unhappy casualties of World War I was the old-fashioned treatise on economic "principles."...

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What Is a Scientific Theory?

History of the Austrian School of EconomicsSubjectivism

01/06/2012Mises Daily Articles
Absolute certainty in science can only be acquired by discovering propositions about the world that can be known to be true a priori.

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The "Mystery" of the Endowment Effect

History of the Austrian School of EconomicsValue and ExchangeSubjectivism

12/28/2011Mises Daily Articles
Mainstream economists are puzzled by the endowment effect, demonstrating the inability of formal economics to explain what drives human action.

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Opportunity and the Entrepreneur

EntrepreneurshipSubjectivism

11/25/2011Mises Daily Articles
The discovery and (potential) exploitation of opportunities is proposed as the unit of analysis for entrepreneurship research.

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Clarifying Subjective Valuation

SubjectivismValue and Exchange

09/20/2011Mises Daily Articles
Freedom is not an endless battlefield of <i>caveat emptor</i>, where the bodies of the uninformed masses are stacked ten high, walletless and decapitated.

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Subjective Value and Market Prices

Production TheorySubjectivism

07/26/2011Audio/Video
Recorded at Mises University 2011. Includes an introduction by Mark Thornton.

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In Defense of Tomb Robbing

Philosophy and MethodologyPrivate PropertySubjectivism

07/06/2011Audio/Video
The grave robber joins the bootlegger, the gunrunner, the drug dealer, and the ivory poacher as another phony criminal created by laws that shouldn't exist, writes Adam Young. This audio Mises Daily is narrated by Colin Hussey ...

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Subjective-Value Theory

SubjectivismValue and Exchange

05/30/2011Mises Daily Articles
Value is in the eye of the beholder, and hence voluntary trades are win-win activities.

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Problems with the Cost Theory of Value

SubjectivismValue and Exchange

05/23/2011Mises Daily Articles
The cost theory could not explain what actually forms spot prices on any given day. The Austrians had a better theory. This was an unambiguous advance in the science of economics, analogous to the superiority of Einsteinian relativity over Newtonian mechanics.

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