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Thursday, June 25 • 11:30am - 12:20pm
Austrian Economics: an Objectivist Interpretation

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As Ludwig von Mises explained, economic theory assumes a “subjective” value theory: that people ultimately act based on their preferences. Ayn Rand defended an “objective” value theory and attacked philosophical subjectivism. This session explains how economics relates to philosophy and how subjective economic value relates to objective moral values. Is economics “value-free?” Is economic calculation a fallacy?

avatar for William R. Thomas

William R. Thomas

Director of Programs / CFO, The Atlas Society
William R. Thomas is Director of Programs and CFO of The Atlas Society. He is also Lecturer in Economics at the University at Albany. He holds a Master's Degree in Economics from the University of Michigan. Thomas is the editor of Ethics at Work (2016) and of The Literary Art of Ayn... Read More →

Thursday June 25, 2015 11:30am - 12:20pm PDT

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