Some time ago, in a Facebook argument, I encountered someone who repeated the old “exchange of unequals” argument (i.e., that people never exchange equivalents because each party values what they got more than what they traded for it). I responded that this argument confuses exchange value with use value and that, regardless of subjective valuation,…

Okumak üzere olduğunuz makale Roderick Long tarafından kaleme alınmıştır. Orijinal olarak 26 Ekim 2002 tarihinde Alabama Philosophical Society’de yayınlanmış, 14 Şubat 2023 tarihinde ise C4SS’de yer bulmuştur. 1. Problemi Masaya Yatıralım Yıllardır kafamda duran bir soru üzerine edeceğim kelamlarla sizi şaşırtmayı umuyorum. İnsan sefalet içinde olunca eşlik edecek birini arar (misery loves company), sanırım –…

Praxeology maintains its importance precisely because it implies fundamental principles as the guiding action in scientifically studying human action and understanding its dynamics and relations. From coming from these principles, human actions can be understood as having particular reasoning’s and laws which inform how further understandings of human action can be qualitatively determined and mapped….

When I was given the title “Ethical Assumptions of Economics,” my first thought was to say, “economics has no ethical assumptions.” But then I thought this might not be the best way to earn my keep here. So I’m going to talk about some senses in which economics might have implications for ethics. There are…

Roderick Long: I’m hoping to make you puzzled about a problem that has puzzled me on and off over the years. Misery loves company, I suppose —