paradigms.lost

Good stuff again, @spectrumecons. I agree it is sad that more people do not understand the game theoretic nature of auctions. Perhaps the best illustration was in the UK auction for newly issued broadcasting

I'm still not sure that I'm following with regards to the optional scarcity of labor.... Are you saying: Labor might be over-supplied within a particular market? (I would definitely agree with this, even

"I see that you didn’t have a problem with the biological model. Is it because you sniffed Darwin in there? :P If that was the case you were correct. :D" Bingo!!! While I'm not totally sold on

Great post, as always, @spectrumecons! Hopefully, you won't mind too much if I present a somewhat Austrian alternative to your analysis of labor: Fundamental concepts like "scarcity" are usually

You're obviously far more informed on the subject than I am, but I've always thought the best way to learn is by asking stupid questions to smarter people...... The problem that I have with mathematical

100% agree

I'm loving this series, @spectrumecons! Once we learn to see things in terms of complementarity and substitutability, we can see so many other phenomena in a new light: Personally, I like thinking about

Preach, Sister!!! That is exactly why I too dropped out of graduate-level philosophy. Analytic philosophers complain about the rhetorical mystification of Continental thought when their own logical

I like your vision! I've just joined Steem in order to publish a video series, explaining my synthesis of American Pragmatism and Austrian Economics... but I've noticed that there doesn't seem to be a

@r-bot, that's perfectly fine with me. Anything to get the dialogue going!

You're exactly right about the isolation from others in the world. We just need to be careful that we don't give the threat of isolation carte blanche since that is the bread and butter of Marxists.

Great post again, Spectrum! I hope you don't mind if I contribute a few thoughts of my own, all of which are : There is no doubt that, in the overall aggregate, the benefits of specialization and trade

I'm actually quite close to the OP: "Truth" is - before anything else - a word, and the best way to understand what a word means is by looking at when a person uses it and to what ends he/she

I really hope to keep the future videos at a slower, more careful pace. This overview was basically a whirlwind of name-dropping that will (ideally) allow a listener to connect future videos with names

Thanks for stopping by! I'll address your two question one at a time, but probably not to your satisfaction... The way that human brains actually accomplishes its tasks is something which I want to completely

This is a great introduction to mainstream ideas surrounding utility. Hopefully, I am not out of line if I pushback against the mainstream a little bit.... The biggest problem with "utility"