Media Asset
Author:
Jörg Guido Hülsmann
Online Publish Date:
This work of six years of labor appeared in 1940. It was the predecessor to Human Action published nine years later. Epistemology and value theory were the two central problems. Action includes more than behavior. Value is really preference . Choice matters more than need. The Law of Diminishing Marginal Utility has nothing to do with satiation.