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- Search found 3 items for:
- Calculation and Knowledge
- Robert P. Murphy
- 2005
Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
In my seminar on spontaneous order, the topic today was road design. One of the articles discussed experiments with variable rush hour pricing for certain lanes (in California, I think). The idea is that there is always a certain lane that will have 65 mph travel, but it might cost $20 to use it at 6 pm. Anyway, I explained other applications of
Mises Wire
Author:
Robert P. Murphy
Online Publish Date:
No, I’m not linking to somebody’s silly article on this topic, so that we can all make fun of him. For a few years now I’ve thought there were a few uncomfortable problems with subjective value theory (in the Austrian tradition, the only one with which I’m familiar), and Stephan Kinsella’s recent concerns about profit (on a private email list)