DiscoverMises InstitutePrices Are Not Measurements of Value | Michael Njoku
Prices Are Not Measurements of Value | Michael Njoku

Prices Are Not Measurements of Value | Michael Njoku

Update: 2025-01-01
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One of the fallacies of modern academic neoclassical economics is that we can take cardinal measures of value. Austrian economists, beginning with Carl Menger, know better.

Narrated by Millian Quinteros.
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Prices Are Not Measurements of Value | Michael Njoku

Prices Are Not Measurements of Value | Michael Njoku

Mises Institute