Subjectivism

The characters are rugged individuals — ingenious in their ability to fend for themselves, under all manner of adverse conditions — and asking for

Precisely because value is subjective, voluntary trades are win-win situations. At the same time, market prices are objective measures of wealth, and these allow for rational economic calculation.

It was the physiocrats who broke with centuries of sound economic reasoning and contributed to what would become, in the hands of Smith and Ricardo, a reactionary and obscurantist destruction of the correct analysis of value.

Human beings do not possess a mystical property of “probability” inside them; rather, they always act on their subjective beliefs and v

Human beings do not possess a mystical property of “probability” inside them; rather, they always act on their subjective beliefs and values. Probability in the human world is thus merely a measure of man’s uncertainty about the subjective beliefs and values that influence the actions of other men.

The case of Terri Schiavo is almost as controversial as it is tragic.The controversy? Her husband is adamant that the doctors pull the plug on Terri, and her parents are just as determined to keep her alive.

The Keurig coffee maker is another landmark in the long struggle to leave the state of nature and climb to ever-higher stages of the great chain of being. At each stage, we can easily observe the path from the collective to the individual.

A man who is obliged to justify his handling of a matter in the eyes of other people often resorts to a pretext.

It is a hopeless task to interpret a symphony, a painting, or a novel.

The collectivist doctrines look upon the individual merely as a refractory rebel.