Friday, April 05, 2013

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?

1 comment:

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


On my tour of Hell...

I saw a man being continually beaten with a carpenter's hammer, blow after merciless blow. "How can this be just?" I asked ...