Subjective Valuation Versus Arbitrary Valuation

by Bunker | Posted on January 23, 2025January 24, 2025

Source: Mises.org | VIEW ORIGINAL POST ==>

One important difference between the Austrian and other schools of thought is the emphasis Austrians place upon purposeful human behavior. Consumption by individuals is not random, but rather purposeful action driven by subjective individual preferences.

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The man known as Bunker is Patriosity's Senior Editor in charge of content curation, conspiracy validation, repudiation of all things "woke", armed security, general housekeeping, and wine cellar maintenance.

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