 Adam Smith and Carl Menger: Value Additives with a Hint of Objectivity
by Scott W. Hitchens
Economics has been concerned throughout most of its history with the determination of the motivation of mankind. Economists argue that man is motivated by the promise of an incentive. Key to this incentive is the valuation of the gain that is expected. In order to properly explain how man values items, and thus expl... (Read more...)
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