Study Guide to Human Action, Chapter V
What's wrong with the argument that "if A is preferred to B and B is preferred to C, logically A is preferred to C"?
What's wrong with the argument that "if A is preferred to B and B is preferred to C, logically A is preferred to C"?
Delivered at the Mises Institute’s 25th Anniversary Celebration, 13 October 2007, in New York City.
Delivered at the Mises Institute’s 25th Anniversary Celebration, 13 October 2007, New York City.
2007 Nobel Prize winner Leonid Hurwicz was a participant in the Ludwig Mises’ seminar at the Graduate Institute of International Studies in G
Praxeology takes an actor's goals, and his beliefs on how to satisfy them, as the starting point of analysis. If people erroneously believe that a certain root possesses medicinal properties, it will command a price on the market. The economist must take people as they are to explain market phenomena.
The new issue of Chronicles contains the usual odd mix of anti-statism and statism blended into a strange brew that recalls the Free Silve
Because you can never have too many mathematicians, engineers, and rocket scientists ...