Subjectivism

Displaying 161 - 170 of 262
Predrag Rajsic
If you’re not entirely comfortable with the currently predominant epistemology in mainstream economics, you may want to look into the Austrian School.
Ludwig von Mises

When confronted with the irrational, reasoning and science can only record and classify. 

Murray N. Rothbard

One of the unhappy casualties of World War I was the old-fashioned treatise on economic "principles."

Mark R. Crovelli
Absolute certainty in science can only be acquired by discovering propositions about the world that can be known to be true a priori.
Per Bylund
Mainstream economists are puzzled by the endowment effect, demonstrating the inability of formal economics to explain what drives human action.
Alexander Peterson

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.

Robert P. Murphy

Value is in the eye of the beholder, and hence voluntary trades are win-win activities.