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- Search found 8 items for:
- Calculation and Knowledge
- Jeffrey M. Herbener
- English
Media Asset
Author:
Jeffrey M. Herbener
Online Publish Date:
The Ludwig von Mises Memorial Lecture sponsored by James Walker. Recorded at the 2016 Austrian Economics Research Conference. Includes an introduction by Joe Salerno.
Quarterly Journal of Austrian Economics
Author:
Jeffrey M. Herbener
Online Publish Date:
ABSTRACT : In exalting the subjectivity of value, the marginalist revolution posed a fundamental problem for economic theory. Each person chooses how to allocate his means and thereby, economize his actions by rank ordering the value of alternatives. Being interpersonally incomparable, ordinal ranks cannot serve directly to economize means
Review of Austrian Economics
Author:
Jeffrey M. Herbener
Online Publish Date:
The view that Ludwig von Mises had more in mind in his calculation critique of socialism than the Hayekian knowledge problem has recently been attacked by Leland Yeager. This article addresses Yeager’s central claim that, I cannot believe Mises was merely saying that if the socialist planners possessed in some remarkable way all the information