More Tension in Subjectivist Economics

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Here is a statement from a Powerpoint slide that accompanies The Economic Way of Thinking for instructors:

"People should consider the opportunity costs of their choices." (Emphasis mine.)

I think they should as well. But lecturing people about what they ought to value is not really compatible with methodological subjectivism, is it?

Comments

  1. Bob Murphy9:35 PM

    Right, good catch. I think that's analogous to saying, "People should consider their future."

    ReplyDelete

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