Subjectivist economics
From Mises Wiki, the global repository of classical-liberal thought
Subjectivist economics is economics based on the theory that the value of goods is not inherent in the goods themselves but is in the minds of acting men; that economic value is a matter of individual judgment which may vary from person to person and for the same person from time to time.[1]
See also: Subjective
References
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-08-23.
