What is Software Quality? An Austrian Approach
Even something that seems as objective as software development falls under the Austrian view of subjective utility.
Even something that seems as objective as software development falls under the Austrian view of subjective utility.
Jesús Huerta de Soto reviews Murray Rothbard's A History of Money and Banking in the United States: The Colonial Era to World War II.
While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.
Popular economic thinking holds that consumer spending is the most important driver of the economy. Actually, demand can’t exist without something first being supplied.
Bob critiques Yaron Brook's opening statement from the recent Soho Forum debate on the merits of anarchism .
Even something that seems as objective as software development falls under the Austrian view of subjective utility.
Subjective valuation, which is at the heart of Austrian economic thinking, is not the same thing as someone's opinion.
Sponsored by Thomas and Lisa Dierl.
While most economists admit that value is subjective, they still err by concentrating on scarcity and choice instead of purposeful action by individuals.