Mainstream economics writing is so much more profound and accurate than anything Murray Rothbard writes. As I am writing this I am gettint 50 utils (or utility points) you see according to mainstream microeconomics text we can quantitatively measure our satisfaction and then graph it to see how our utility increases and decreases. It is called cardinal utility and it is absolute nonsense. There is no way to quantitatively measure an individuals satisfaction. The whole use of cardinal utility is a complete and utter waste of time.
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"Greater than the force of mighty armies is the power of an idea whose time has come"
- Victor Hugo
Submitted by BmoreBrawler on Sat, 08/29/2009 - 10:12.
I've read about a third of it. I would not recommend it. The explanation of all the necessary "axioms" is shoddy IMO. You would be better off reading an introductory mainstream Microeconomics book and then applying free market principles from articles on Mises.
Oh yeah
Mainstream economics writing is so much more profound and accurate than anything Murray Rothbard writes. As I am writing this I am gettint 50 utils (or utility points) you see according to mainstream microeconomics text we can quantitatively measure our satisfaction and then graph it to see how our utility increases and decreases. It is called cardinal utility and it is absolute nonsense. There is no way to quantitatively measure an individuals satisfaction. The whole use of cardinal utility is a complete and utter waste of time.
"Greater than the force of mighty armies is the power of an idea whose time has come"
- Victor Hugo
I've read about a third of
I've read about a third of it. I would not recommend it. The explanation of all the necessary "axioms" is shoddy IMO. You would be better off reading an introductory mainstream Microeconomics book and then applying free market principles from articles on Mises.
Ventura 2012