Oh God, an Austrian cultist
Value should be determined by how bad things are if the job doesn’t get done
Yet somehow insulin is priced at thousands of dollars a month despite being produced for ~$8. Market value is horse shit.
I’m not familiar with Austrian economics, but the description here seems almost correct.
It’s one of those things where it’s not technically saying anything wrong, but it also isn’t really SAYING anything. It’s the economic equivalent of teenage nihilism i.e. ‘everyone will die eventually and the sun will swallow the Earth, so why bother doing anything’
hot take green guy and the knight agree and they should have teamed up instead of stabbing each other
You know who else was a subjectivist? Adolf Hitler.
Value is a made up concept along with money
