Profiles

This paper deals with the meaning and the limits of the subjective theory of value. Economists deploy this theory in such various areas as utility, marginalism, knowledge and expectations.

Abstract: This article responds to current critiques directed against Hoppe’s justification by performative contradiction of the self-ownership axiom. Maintaining that ethics should be grounded on sound principles, Hoppe observes that only self-ownership can pass the test of performative...