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.Original article: <a href="https://mises.org/mises-wire/prices-are-not-measurements-value" target="_blank">Prices Are Not Measurements of Value</a>

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. Original article: Prices Are Not Measurements of Value

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.Original article: <a href="https://mises.org/mises-wire/prices-are-not-measurements-value" rel="noopener noreferrer">Prices Are Not Measurements of Value</a>&nbsp;&nbsp;

Prices Are Not Measurements of Value

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Prices Are Not Measurements of Value

Prices Are Not Measurements of Value