Jump to content

Scale of values: Difference between revisions

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Created page with "A scale of values is a scale of an acting man's choices in a given situation, ranked according to subjective priority. Ludwig von Mises wrote: <blockquote>...one must not forge..."
 
bold; link; header
Line 1: Line 1:
A scale of values is a scale of an acting man's choices in a given situation, ranked according to subjective priority.
A '''scale of values''' is a scale of an acting man's choices in a given situation, ranked according to [[subjective]] priority.


Ludwig von Mises wrote:
[[Ludwig von Mises]] wrote:


<blockquote>...one must not forget that the scale of values or wants manifests itself only in the reality of action. These scales have no independent existence apart from the actual behavior of individuals. … Every action is always in perfect agreement with the scale of values or wants because these scales are nothing but an instrument for the interpretation of a man's acting.<ref>Ludwig von Mises, Human Action, [http://mises.org/humanaction/chap4sec2.asp Ch. 4, Sec. 2].</ref></blockquote>
<blockquote>...one must not forget that the scale of values or wants manifests itself only in the reality of action. These scales have no independent existence apart from the actual behavior of individuals. … Every action is always in perfect agreement with the scale of values or wants because these scales are nothing but an instrument for the interpretation of a man's acting.<ref>Ludwig von Mises, Human Action, [http://mises.org/humanaction/chap4sec2.asp Ch. 4, Sec. 2].</ref></blockquote>


==References==
<references/>
<references/>
{{stub}}
{{stub}}

Revision as of 22:53, 15 August 2011

A scale of values is a scale of an acting man's choices in a given situation, ranked according to subjective priority.

Ludwig von Mises wrote:

...one must not forget that the scale of values or wants manifests itself only in the reality of action. These scales have no independent existence apart from the actual behavior of individuals. … Every action is always in perfect agreement with the scale of values or wants because these scales are nothing but an instrument for the interpretation of a man's acting.[1]

References

  1. Ludwig von Mises, Human Action, Ch. 4, Sec. 2.