sooly on Nostr: Prices don’t exist in things - they emerge from the dance of human desires. ...
Prices don’t exist in things - they emerge from the dance of human desires. Billions of people’s hopes, fears, and dreams collide to create what we call “price.’
Markets are not simply mechanical systems but complex networks of human judgments and preferences.
The parallel between Austrian economics’ subjective theory of value and philosophical idealism is quite fascinating.
Sigh #nostr.
I love #Bitcoin.
Markets are not simply mechanical systems but complex networks of human judgments and preferences.
The parallel between Austrian economics’ subjective theory of value and philosophical idealism is quite fascinating.
Sigh #nostr.
I love #Bitcoin.
quoting note1gkw…eq9sWe project value into things not the other way round. It was a copernican revolution in the field of economics. It reminds me of Fichte and the idealism school of philosophy.