More Tension in Subjectivist Economics
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?
"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?
Right, good catch. I think that's analogous to saying, "People should consider their future."
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