Subjectivism

Displaying 51 - 60 of 193

The Rejection of Economics

Free MarketsHistory of the Austrian School of EconomicsPraxeologySubjectivism

04/15/2019Mises Daily Articles
All human action stems from the value judgments of individuals. Economics, properly understood, was never so foolish as to believe that all that people are after is higher incomes and lower prices.
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Agree or Disagree? On the Role of Negotiations for the Valuation of Business Enterprises

Philosophy and MethodologySubjectivismValue and Exchange

04/15/2019Quarterly Journal of Austrian Economics
Valuation of businesses must be based on appraisement, investment appraisal, and— terra incognita in Austrian economics—negotiation. Discounted cash flow and "relative valuation" methods are well-suited for negotiation purposes.
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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

SocialismCalculation and KnowledgeSubjectivism

03/20/2019Quarterly Journal of Austrian Economics
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
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Positivism and Behaviorism

World HistoryPhilosophy and MethodologyPraxeologySubjectivism

10/15/2018Mises Daily Articles
For the positivist, a man is a machine like an automobile, and the positivist denies to his fellow men the faculty of choosing ends and the means to attain these ends.
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Subjectivity, Arbitrariness, Austrian Value Theory, and a Reply to Leithner

SubjectivismValue and Exchange

07/31/2018Quarterly Journal of Austrian Economics
Contrary to the Austrian community’s former perception, we revealed value investing’s incompatibility with Austrian economics
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Public Debt: An Illusion of Democratic Political Economy

Calculation and KnowledgeSubjectivism

01/29/2018Quarterly Journal of Austrian Economics
Is public debt really an illusion of democratic political economy, or is it something else entirely?
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Subjective Expectations and the Process of Equilibration: The Views of Lachmann

Subjectivism

01/29/2018Quarterly Journal of Austrian Economics
Lachmann claimed expectations are subjective and coupled with the change of market data, greatly undermines any process of equilibration.
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Opportunity and the Entrepreneur

The EntrepreneurEntrepreneurshipSubjectivism

10/17/2017Mises Daily Articles
The discovery and (potential) exploitation of opportunities is proposed as the unit of analysis for entrepreneurship research.
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