Cardinal Utility: It’s Worse Than You Thought
Preferences are ordinal, and our analysis has to reflect that simple, unavoidable fact.
Praxeology
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True Knowledge from A Priori Theory
How do we know about the outer world — or reality, for that matter? Where does our knowledge about it come from? The attempt to answer these questions leads to epistemology, the branch of philosophy dealing with the origin, scope, and validity of human knowledge.
Mises on Action
“Man is a social animal”: thus Aristotle’s famous dictum is often translated. Ludwig von Mises believed that man could not have acquired the ability to act had his forebears lived in complete isolation. And John Donne said, “No man is an island.”
Mises on Mind and Method
It has become a popular trick among people who are unprepared to grapple with Austrian economics to try to short-circuit the debate.
Kudos to Both the Online Experience and the Intro to Logic Class
Logic hasn’t always been such a poor stepchild. It was once required material for every educated adult.
1.08. Factors of Production: Labor versus Leisure
From Man, Economy, and State. Narrated by Jeff Riggenbach.
1.06. Factors of Production: The Law of Returns
From Man, Economy, and State. Narrated by Jeff Riggenbach.
