Displaying 81 - 90 of 182

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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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

Recorded at Mises University 2011. Includes an introduction by Mark Thornton.
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In Defense of Tomb Robbing

Philosophy and MethodologyPrivate PropertySubjectivism

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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The Economics of Slushy Drinks

Free MarketsEntrepreneurshipSubjectivism

05/02/2011Mises Daily Articles
At $3 a pop, these little things seem like a rip-off. Yet consumers keep buying under the right conditions: mostly sports events for kids. What's more, competition isn't pushing the price down. Let us see how this all makes sense from an economic point of view.
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The Discovery of the Self: The Theory of Subjective Value

BiographiesSubjectivismValue and Exchange

Menger went on to accomplish a radical break with tradition: a thoroughly individualistic view of humanity and of the world, writes Eugen-Maria Schulak and Herbert Unterköfler. This audio Mises Daily is narrated by Paul Strikwerda.
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